Multi-family opportunity

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

1. 01Multi-family

Property details

Property type

Multi-family

Transaction

sale

Listing brokerage

Grassroots Realty Group - High Prairie

Listing representative

Misty Gaudet

Board / association

Grande Prairie

Financial information

Location intelligence

Documents