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1504 Railway Avenue , 1-8

Enilda, AB T0G 0W0
  • $599,900
  • STATUS: Active
  • ID#: A1187292
UPDATED: 43 min ago
$599,900
  • 0
    BEDS
  • 10.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
  • $300
    $/SQFT
Neighbourhood:
Type:
Multi-Family
Built:
1970
Area:

Description

INVESTOR ALERT! Amazing cash flow for this 8-plex situated 10 minutes east of High prairie. This property features 8 bachelor suites on 10 acres. With an NOI of $53,000 and long-term tents with very little turnover this property gives you safe investment to park your cash in. The property offers lots of room for expansion or the building or the opportunity to build a second building. High Prairie is the hub of the area and has plenty of economic drivers including a new hospital, lumber mill, farming, oil and gas and tourism thanks to Lesser Slave Lake. This is a great opportunity that wont last long.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-07-02T09:29:45.39.
www.teamshillington.ca/homes/126391481
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1504 Railway Avenue , 1-8 Enilda, AB T0G 0W0

  • Price: $599,900
  • Status: Active
  • On Site: Days
  • Updated: 43 min ago
  • ID#: A1187292
0
Beds
0
Baths
0
½ Baths
10.5
Acres
2,000
SQFT
$300
$/SQFT
1970
Built
Neighbourhood:
None
Area:
Big Lakes
Property Description
INVESTOR ALERT! Amazing cash flow for this 8-plex situated 10 minutes east of High prairie. This property features 8 bachelor suites on 10 acres. With an NOI of $53,000 and long-term tents with very little turnover this property gives you safe investment to park your cash in. The property offers lots of room for expansion or the building or the opportunity to build a second building. High Prairie is the hub of the area and has plenty of economic drivers including a new hospital, lumber mill, farming, oil and gas and tourism thanks to Lesser Slave Lake. This is a great opportunity that wont last long.
Exterior Features

Garage YN No Levels Single Level Unit Parking Total 10 Structure Type Low Rise (2-4 Stories)

Interior Features

Below Grade Finished Area 0.00 Building Area Total SF 0.00 Ensuite YN No

Property Features

Additional Parcels YN No Building Area Total 0.00 Inclusions N/A Property Sub Type Apartment Title Land Fee Simple Township 74 Transaction Type For Sale Zoning R-2

Listing provided courtesy of Exp Realty. © 2022 Pillar 9™. All Rights Reserved.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-07-02T09:29:45.39.
 
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