Courtesy of Trent B Muller of Exp Realty
9819 105 Street
Westlock
T7P 1S8
$2,500,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4397046
- Build. Type:
- Low Rise (2-4 stories)
- Photos (4)
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This eight-suite investment opportunity consists of four three bedroom units in the upper floors & four one bedroom units in the lower level. 5% down CMHC MLI SELECT PROGRAM, with a projected cash flow in the range of $13,500/ month. The units will have modern kitchens & appliances, vinyl plank floors, designer windows, high efficiency heating & cooling systems, & LED lighting to compliment the efficient utilities for savings. The tastefully done exterior & landscaping will be complete with a large paved parking lot w/ plug outlets. Main floor units are 1480 sq ft per unit with 9ftceiling height on both first & second floors. White kitchen & bathroom cabinets with crown moulding. Large laminated moulded countertops. All modern appliances, including refrigerator, stove, microwave, dishwasher, washer & dryer. Vinyl plank flooring with Berber in bedrooms. Central A/C. On demand hot water. R50 insul. Property management available. Convenient, central location.
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial
- Construction:
- Wood Frame
- Building Type:
- Low Rise (2-4 stories)
- # Bldgs:
- 1
- # Units:
- 8
- Tot Pkg Spaces:
- 12
- # Storeys:
- 2.0
- Year built:
- 2024 (Age: 0)
- Total Floor Area:
- 5,920 sq. ft.
- Lot Area:
- 0 sq. ft.
- Plan:
- 7432AN
- Title to Land:
- Freehold
- Section 1:
- 5
- LINC Number:
- 0015842164
- Corner Site, Flat Site, Golf Nearby, Highway Frontage, Landscaped, Highway Access
- Ceiling Height:
- 9'
- Services Connected:
- Cable, Electricity, Fiber Optics, Natural Gas, Paved Streets, Telephone, Sanitary Sewer, Sewer - Storm, City Water
- Water Supply:
- Water Line
- Sewer Septic:
- Municipal/Community
- Num. of Parcels:
- 1
- Cap Rate %:
- 21.0
- Gross Operating Income:
- $165,600
- Other Income:
- $0
- Effective Gross Income:
- $160,632
- Net Operating Income:
- $32,050
- Total Oper. Expenses:
- $128,582
- Tot Expenses:
- $128,582
- Days On Website:
- 91 day(s)
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Data was last updated October 8, 2024 at 04:30 PM (UTC)
- Trent Muller
- Exp Realty
- (780) 349-0381
- Contact by Email
Office Address:
10631B 100 Avenue
Westlock, Alberta, T7P 2J4