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

Listed for:
$1,900,000
0 beds
0 baths
Listed 6 days ago
Multi-Family for rent: 5701,5703 Evergreen Drive, High Prairie, Alberta T0G 1E0

View all 26 photos

About

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:27476)

Property Highlights

MLS® Number
A2328419
Type
Multi-family
Ownership Type
Freehold
Land Size
Unknown
Parking Space Total
4

Building

Building Type
Multi-Family
Square Footage
9896 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Grassroots Realty Group - High Prairie
MLS® number:
A2328419
Agent:
Misty Gaudet
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).