The Opportunity

Overview

Investment opportunity! Beautiful well kept 4Plex within walking distance to the College. Built in 2014 this building has been kept in immaculate condition, you can see the pride in ownership. All 4 units have a total of 5 bedrooms and 4 bathrooms. There are 3 bedrooms on the upper floor and a full bathroom with the largest room having a half bath. The basement has 2 bedrooms and a full bath plus the laundry room. The main floor has the kitchen and living area with a half bath and ample size storage room. All units are furnished and will be sold as is. There is a single garage that measures approx. 14'x30' and a double that measures approx. 24'x24', these can also be rented out. Don't miss out on this turn key investment opportunity! (id:61970)

Investment highlights

01Multi-family

Property details

Property type: Multi-family
Transaction: For sale
Listing brokerage: SUTTON GROUP - LETHBRIDGE
Listing representative: RUSSELL RASLASK
Board / association: Lethbridge

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Financial information

Asking price$1,600,000

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Location intelligence

2931 28 Avenue S
Lethbridge, Alberta T1K6Y4

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Documents

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 29757939
Last supplied (UTC): October 18, 2026
Listing brokerage: SUTTON GROUP - LETHBRIDGE
Listing representative: RUSSELL RASLASK
Board / association: Lethbridge

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: SUTTON GROUP - LETHBRIDGE · Listing representative: RUSSELL RASLASK · Board/association: Lethbridge · Updated (UTC): Oct 18, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.