The Opportunity

Overview

Presenting a rare and powerful multi-family investment opportunity in High Prairie, Alberta: a 12-door portfolio available for the incredible price of just $1,900,000. This offering includes two fourplexes and two side-by-side duplexes, all built in 2007, providing a modern, low-maintenance foundation for steady returns. The fourplexes are comprised of spacious three-bedroom, two-bathroom units on both the upper and lower levels, making them highly attractive to families and long-term renters alike. The duplexes offer immediate living space on the main floor and come with unfinished basements that already feature separate entrances, presenting a tremendous value-add opportunity to finish and convert them into two additional suites—potentially expanding the entire portfolio from 12 to 14 revenue-generating doors. Currently, all units are tenanted with the exception of one, which is vacant and awaiting repairs, offering a new owner the chance to renovate and lease it at current market rates. With substantial existing cash flow, built-in appreciation potential, and an unbeatable price per door, this portfolio is a must-see for serious investors. Contact us today for a full rent roll or to schedule a private viewing. (id:61970)

Investment highlights

01Multi-family

Property details

Property type: Multi-family
Transaction: For sale
Listing brokerage: Grassroots Realty Group - High Prairie
Listing representative: Misty Gaudet
Board / association: Grande Prairie

Before you shortlist

Confirm the fit.

Questions to take into your review of this opportunity. Structured fields do not replace the full listing package or independent verification.

Ask about these details

Financial information

Asking price$1,900,000

Request the complete source listing package and independently verify all financial information before relying on it.

Location intelligence

5701,5703 Evergreen Drive
High Prairie, Alberta T0G1E0

Open supplied address in mapsThe map search uses the supplied address. Confirm the exact parcel, entrance, access rights and permitted use independently.Explore the High Prairie market

Documents

ASKAsk about the property packageConfirm available documents

From interest to a decision

Start with the right questions.

Listing facts begin the conversation. These Alberta resources help you prepare—not certify this property or replace professional advice. Preparation links open in a new tab, keeping this property and your inquiry open.

01Prepare for the property tour

Set your essential criteria and compare this property with the same evidence checklist.

Open resource 02Organize the document request

Identify the records to ask for. Availability and access must be confirmed for this offering.

Open resource 03Plan property due diligence

Coordinate title, condition, approvals and professional review for any real estate being acquired.

Open resource

Property diligence resources

Listing content supports property discovery and should be independently reconciled to current legal and professional records before a transaction decision.

Explore the complete property resource library

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: 30062227
Last supplied (UTC): October 23, 2026
Listing brokerage: Grassroots Realty Group - High Prairie
Listing representative: Misty Gaudet
Board / association: Grande Prairie

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: Grassroots Realty Group - High Prairie · Listing representative: Misty Gaudet · Board/association: Grande Prairie · Updated (UTC): Oct 23, 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.