4943 Chalmers Av - Apartments FOR SALE


Swan Hills, AB T0G 2C0
$1,150,000 CAD
587-806-5699
4943 Chalmers Av, Swan Hills, AB for Sale
$1,150,000 CAD
Apartments - FOR SALE
1/7
null | 9.61% Cap Rate

4943 Chalmers Av
Swan Hills, AB T0G 2C0


HIGHLIGHTS

  • Excellent 9.61% Cap Rate for Great ROI
  • Substantially Updated in 2019

OVERVIEW

MOTIVATED SELLER!! Own Copperstone Manor with an 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.

FOR SALE DETAILS

PRICE

$1,150,000 CAD

PRICE/SF

$112 CAD /SF

# OF UNITS

24

PRICE/UNIT

$47,917

CAP RATE

9.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

CT

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gary MaheXp RealtyMore Info
587-806-5699

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Gary MaheXp RealtyMore Info
587-806-5699

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.