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$ 649,900
Est. payment /mo
Price Dropped by $50K
101 Assiniboine Drive Swan Hills, AB T0G2C0
16,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $40
MLS® Listing ID A2206711
Originating Board Alberta West REALTORS® Association
Year Built 1986
Property Description
Attention investors ! This 10 unit Townhouse rental project is now up for sale at just the right time. After numerous improvements and upgrades this project is now fully rented. With Interest rates coiming down and demand for rentals contunuing to rise now is the time to improve your Real Estate Investment return. With Kiwetinohk Energy Corp. announcing their 460 Megawatt Black Bear Power Plant with a Carbon Capture and Sequestration component in July/24, 24 kms south of Swan Hills and the Federal Gov't issuing a statement on Dec.24/24 that an Impact Assessment was not required, the rental requirements will certainly go up. These 2 storey units offer 2 and 3 brm set ups, each with it's own Fridge & Stove and full basements, covered parking and a huge common yard of over 10,000 sq. ft. The Cap. Rate, with a resident owner, is 10.55%. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 20
Private Pool No
Listed by RE/MAX ADVANTAGE (WHITECOURT)
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