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Nick Penney
info@nickpenney.com$1,150,000
Est. payment /mo
10,249 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,249 sqft
Price per Sqft $112
Subdivision Swan Hills
MLS® Listing ID E4382071
Originating Board REALTORS® Association of Edmonton
Year Built 1980
Lot Size 0.377 Acres
Acres 16419.0
Property 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. (id:24570)
Location
Province AB
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 25
Private Pool No
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Nick Penney