$2,950,000

Investment For Sale In Cold Lake, Alberta

$2,950,000

Property Information:

Excellent investment opportunity. This 16 unit apartment building which comes with a elevator and all the condo documents if you want to sell each unit in the future. The building is sprinklered and each unit has its own furnace and hot water tank, large kitchen, in-suite laundry room, 2 bedrooms, full bath (8 with 2pc ensuite bathroom) and balcony. Excellent sound proofing and plenty of parking. The property comes with another parcel of shovel ready land to build another 16 units (Linc #0036318590) and the over size parking lot is completely ready for the next building. Total parking is 37 parking stalls (16 are titled separately). Turn key property with great income.Unit Counts:Studio Apts: 0Bachelor Apts: 01 Bedroom Apts: 02 Bedroom Apts: 163 Bedroom Apts: 04+ Bedroom Apts: 0Other Units: 0Other Property Types: Multi-FamilyOwnership Interest: Agent/Seller has InterestReports Available: Building Plans,Condo/Strata Bylaws,Financial Statements,Floor PlansSite Services: Cable,Curb; Gutter,Electricity,Natural Gas,Paved Streets,Telephone,Sidewalk,City WaterSite Influences: Corner Site,LandscapedTitle to Land: Fee SimpleRPR Survey Available: YesSeller Rights: YesAppointment Name: Bernard or RyanAppointment Phone: 780-815-0452Paragon Listing ID: E4315023 (id:27)

Building Features:

  • Floor Space: 15200 sqft

Property Features:

  • Property Type: Multi-family
  • Built in: 2014
  • Floor Space (approx): 15200 Square Feet
  • Irregular: Yes
  • Lot Size: 39900.96 Square Feet
  • No. of Parking Spaces: 37

Courtesy of: Coldwell Banker Lifestyle

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.