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Data was last updated 2020-07-08 at 23:54:17 PM (PDT)

North Battleford, Saskatchewan - MLS® # C4288460

Property Details


List Price
$4,500,000
Living Area
0 sqft.
Bedrooms
Bathrooms
Lot Size Area
sq.ft.
Taxes
N/A
Type
Multi Unit (Commercial)
Style
Basement
Year Built
1970

Description

Fantastic opportunity to obtain a well-managed 60 door multifamily portfolio in a stable and accessible secondary market! The portfolio consists of 6 separately titled buildings (three 8-plexes + three 12-plexes) totalling 60 doors of 1 & 2 bedroom units. With typical '60's & '70's design, all buildings are are well-built walk-ups without the maintenance costs of elevators and feature clean and attractive common areas. Being in the town of North Battleford they are all within a conveniently manageable and tight geographic area. The properties are largely renovated with stable and long term tenants, and are closely managed by a dedicated local property manager. Roughly a third of the suites could use refresh/improvements for increased rentability, but the package CAN be fully renovated and sold with a 2-stage close if desired. With a waiting list for available apartments, this portfolio is a no-brainer & priced to provide value. More information available on request. See the attachments for details!

Listing Provided By

CIR REALTY

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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  • CIR Realty
  • #144, 1935 - 32 Ave NE
  • Calgary, AB
  • T2E 7C8