Multi Unit Residential Buildings for Sale in Canada
101 Assiniboine Drive Swan Hills, Alberta T0G 2C0
$699,900
Attention investors ! This 10 unit Townhouse rental project is now up for sale at just the right time. After numerous improvements and upgrades this project is now fully rented. With Interest rates coiming down and demand for rentals contunuing to rise now is the time to improve your Real Estate Investment return. With Kiwetinohk Energy Corp. announcing their 460 Megawatt Black Bear Power Plant with a Carbon Capture and Sequestration component in July/24, 24 kms south of Swan Hills and the Federal Gov't issuing a statement on Dec.24/24 that an Impact Assessment was not required, the rental requirements will certainly go up. These 2 storey units offer 2 and 3 brm set ups, each with it's own Fridge & Stove and full basements, covered parking and a huge common yard of over 10,000 sq. ft. The Cap. Rate, with a resident owner, is 10.55%. (id:61635)
Property Details
| MLS® Number | A2206711 |
| Property Type | Multi-family |
| Parking Space Total | 20 |
| Plan | 8521999 |
Building
| Constructed Date | 1986 |
| Size Exterior | 16000 Sqft |
| Size Interior | 16,000 Ft2 |
| Total Finished Area | 16000 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | Muti Residential |
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April 08 2025 08:12:07
Alberta West REALTORS® Association
RE/MAX Advantage (Whitecourt)