The Affordable Business Partner. Providing affordable & innovative business buying & selling services in Alberta & Saskatchewan. How can we help you?
35 Suite Apartment Building, Central Alberta.
Investment Level 3,325,000
Fully tenanted 35-unit apartment building for sale in Central Alberta.
* Opportunity to increase revenue as the units are currently rented at various rates.
* The building offers 70 powered parking stalls (up to 3 vehicles/unit is included in the rent).
* Ongoing unit upgrade program, with a new torch roof (9 years) and a new boiler system (5 years).
* Electricity is separately metered and there is a coin laundry
Building at a glance:
Age Built in 1980
One Bedroom 11
Two Bedroom 24
Parking 70 Surface Stalls with Power
Construction Wood Frame
Power Separately Metered Suites
Heating Hot Water
18 Suite Apartment Building
Investment level: 3,100,000
Opportunity to invest in a well-appointed and well priced 5 year old 18 Suite Apartment Building located in a smaller Northern Saskatchewan center
The population of the community is approximately 2,000 with a nearby recreational area that enjoys over 300,000 visitors each year.
The number one industry in the area is agricultural which provides a consistent balanced economy.
17 out of the 18 units are rented out. The average rent is $1,850 per month which covers tenant's rent, power, internet/Wi-Fi, heat, and water.
An independent appraisal of 3,200,000 was just completed on the property.
Seller will guarantee full occupancy for the first 2 years. Financing available OAC
Interested parties for these opportunities are required to complete a buyer's profile and an NDA prior to confidential and financial information being released. Thank you
For additional information regarding this business opportunity or our services visit
The Affordable Business Partner.com
|Last hour||Last 24 hours||All|