112 Avenue Unit 9503

For Sale 198 Days
$3,625,000
beds
baths
10,288 Sqft

112 Avenue Unit 9503

For Sale 198 Days
$3,625,000
beds
baths
10,288 Sqft

Highlights

Key insights

Description

16 Unit CASH FLOWING apartment complex featuring Eight 3 bed 2.5 bath upper suites and Eight 2 bed 1 bath basement suites for a total finished sqft of 15096 sqft including the basement suites. This attractive complex was built in 2017 and there are separate power meters for each suite and a common boiler for heat and hot water for the whole 16 unit complex. The central parking area boasts 32 parking stalls and is right beside a large kids park and greenspace. Located just 10 minutes north of Grande Prairie in Clairmont. Clairmont boasts a k-8 school, miles of paved walking trails, a skate park, splash park and the Clarimont industrial park is home to 100's of Industry Service Companies like Finning, Kenworth, Precision Well, Brandt, Cummings and more. This complex is being offered for sale at the competitive price of the 2024 appraised value. A CMHC broker has already analyzed the financials and an 85% loan-to-value mortgage is possible for pre-approved buyers with good credit and a net worth of $750,000+. Seller financing is not available. Financial pro forma is available with a signed NDA and once signed showings will be made available to qualified buyers with a signed NDA, letter of introduction from your banker proving your ability to purchase or a bank pre-approval letter. Total monthly rent is $28,500 / month with no vacancy,3d TOURS ARE ATTACHED TO THE LISTING, THE LINK FOR VIRTUAL TOUR OR MULTI MEDIA IS UPPER SUITE, 3D IS THE LOWER SUITE. (id:63267)

Daniel Cram of Sutton Group Grande Prairie Professionals,
#A2195843
updated 8 hours ago.
Houseful checked MLS® for data 8 hours ago.

Home overview

Exterior
  • # total stories
    2
  • Construction materials
    Poured concrete, wood frame
  • # parking spaces
    32
Interior
  • Flooring
    Carpeted, vinyl plank
Overview
  • Lot size (acres)
    0.0
  • Building size
    10288
  • Listing #
    A2195843
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/27934252/9503-112-avenue-clairmont
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-9,667

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25 Years fixed, 20% down payment, % interest
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