John Mattiello - 780-406-4000
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Multi-Family Commercial in Swan Hills
- 184
- 65
0 Bedrooms
0 Bathrooms- - Sq Ft
Property Type
Multi-Family Commercial
Description
MOTIVATED SELLER!! Own Copperstone Manor with a 9.61% Cap Rate with excellent cashflows. 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
Property Details
Subarea
Swan Hills
Lot
0
Year Built
1980
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Listing data last updated date: 2024-04-29 00:16:24
Copyright 2019 by the REALTORS® Association of Edmonton. All rights reserved.
Listing Agent: Gary Mah
Brokerage: Exp Realty