MOTIVATED SELLER!! Own Copperstone Manor with an 8.17% Cap Rate with excellent cashflows, based on a 15% vacancy rate. This 24 suite apartment building was significantly renovated in 2019 with new luxury vinyl plank flooring throughout the suites; new paint; new bathrooms; new kitchen countertop and tile backsplash; new fire rated doors throughout, upgraded LED lighting, and too much to list. There is an excellent mix of 18 One Bedroom plus 6 Two Bedroom suites. 19 suites are fully furnished with everything to create an Airbnb suite for increased cashflows. Great for workers at oil field sites, forestry, and locals. Each suite is individually metered for electricity. Boiler was installed in 2010 and is well maintained. The 35 year rated roof shingles were installed in 2008. On-site caretaker and helper. Don't miss this opportunity to get a fantastic cashflowing property!! NO VTB OR ASSUMABLE MORTGAGE. See REALTOR's website for more details. (id:26242)
MLS® Number | E4382071 |
Property Type | Multi-family |
Neigbourhood | Swan Hills |
Amenities Near By | Playground, Shopping, Schools |
Features | Flat Site, Lane |
Parking Space Total | 25 |
Constructed Date | 1980 |
Fireplace Present | No |
Size Interior | 10249 Sqft |
Acreage | No |
Land Amenities | Playground, Shopping, Schools |
Size Irregular | 16419 |
Size Total | 16419 Sqft |
Size Total Text | 16419 Sqft |
https://www.realtor.ca/real-estate/26750109/4943-chalmers-av-swan-hills-swan-hills
Contact us for more information
Gary Mah
Associate
(403) 262-7653