1704 47A Av - Apartments FOR SALE


Lloydminster, SK S9V 1P1
$2,000,000 CAD
780-875-9120
1704 47A Av, Lloydminster, SK for Sale
$2,000,000 CAD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1704 47A Av
Lloydminster, SK S9V 1P1


HIGHLIGHTS

  • Excellent Investment Opportunity

OVERVIEW

Excellent investment opportunity to own a 12-Unit, 3-storey condominium building totaling approx. 15,500 SF with a paved parking lot (2 exclusive use parking stall per unit plus visitor parking). The building contains (10)2 bedroom/2 bath units; a 1-bedroom/2-bath unit and a 1-bedroom/1-bath unit. Units range in size from 960 to 1138 SF. Each unit is in very good condition, with 4 appliances, including washer and dryer, and in-unit storage with very functional floor plans. All master bedrooms have walk-in closets and a 4PC ensuite except for one- 1 bedroom/1bath unit. All units have a balcony. Flooring consists of carpet and linoleum throughout. All units are currently rented, many long-term tenants. This building attracts excellent tenants located in a popular residential neighborhood in the SE quadrant of the city, located near a park/playground, ball diamond and walking paths with quick access to main traffic corridors. This building has been professionally managed since it was constructed and has been very well cared for and maintained by the owners. Tenants pay power and gas. Landlord pays water, common area maintenance/heating/power and fire alarm monitoring. MLS # A2219843

FOR SALE DETAILS

PRICE

$2,000,000 CAD

PRICE/SF

$129 CAD /SF

# OF UNITS

12

PRICE/UNIT

$166,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ASPEN GROVE

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2007

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,107 SF

ZONING

R4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Deb Kent-FleckRoyal Lepage Musgrave AgenciesMore Info
780-875-9120

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Deb Kent-FleckRoyal Lepage Musgrave AgenciesMore Info
780-875-9120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.