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5701,5703 Evergreen Drive, High Prairie, Alberta T0G 1E0 New

MLS® # A2328419

$1,900,000

Property Size 9896
Year Built 2007
Garages 4

Description

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:53676)

PROPERTY FEATURES

  • MLS® Number A2328419
  • Price $1,900,000
  • Square Footage: 9896 sqft
  • Property Type: Multi-Family
  • Parking Space Total 4
  • Plan 0727987

Buildings

Appliances Refrigerator, Range - Electric, Washer & Dryer Constructed Date 2007
Size Interior 9896 Sqft Total Finished Area 9896 Sqft
Type Multi-family

Land

Acreage No Size Total Text Unknown
Zoning Description Residential R3

BROKERAGE

  • Office: Grassroots Realty Group - High Prairie

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