REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,890,000
Est. payment | /mo
17,865 SqFt
$ 1,890,000
Est. payment | /mo
17,865 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 17,865 sqft
Price per Sqft $105
MLS Listing ID A2228412
Year Built 1970
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Multi Family
Property Description
Turnkey 18-Suite Apartment Building – Fully Rented & Income Generating | Prime Whitecourt Location.
Rare opportunity to acquire a fully tenanted 18 unit multifamily across from the Whitecourt Hospital and steps from the Allan & Jean Millar Centre. Property includes 16 two-bedroom units & 2 one-bedroom units, strong tenants demand, and a high efficiency boiler (September 2022). Well maintained with 18 parking stalls on a 21, 860 square foot lot. Investment HIghlights: Immediate rental income with stable long-term tenancy, strong cash flow and equity growth, high demand in healthcare-adjacent area, tax-efficient multifamily investment.
Rare opportunity to acquire a fully tenanted 18 unit multifamily across from the Whitecourt Hospital and steps from the Allan & Jean Millar Centre. Property includes 16 two-bedroom units & 2 one-bedroom units, strong tenants demand, and a high efficiency boiler (September 2022). Well maintained with 18 parking stalls on a 21, 860 square foot lot. Investment HIghlights: Immediate rental income with stable long-term tenancy, strong cash flow and equity growth, high demand in healthcare-adjacent area, tax-efficient multifamily investment.
Location
Province AB
Zoning R-4
Interior
Inclusions 18 fridges, 18 stoves, 3 washers, 3 dryers (washers and dryers are on tokens)
Fireplace No
Exterior
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
Listed by EXIT REALTY RESULTS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "