Multi-Unit Investment Opportunity – Located just 1 hour south of Lloydminster, this fully occupied multi-family complex is an excellent revenue property. The building features 7 units with a total of 10 bedrooms, offering strong rental demand in the region. The Main Floor Units feature 4 one-bedroom suites, each with private access to a spacious wrap-around deck leading to the exterior parking area. The Lower Level units feature 3 two-bedroom suites, providing comfortable layouts ideal for long-term tenants. All suites are equipped with a kitchen, living room, and full 4-piece bathroom, with convenient access to shared laundry facilities. Additional highlights include electrified exterior parking and the advantage of an on-site property manager who oversees tenant move-ins/outs and building maintenance. Currently at full occupancy with a waiting list, this property provides consistent cash flow and serves a strong demand for affordable housing in Alberta’s oil patch.
For sale
C$439,900
205 Reed Ave #1-7, Provost No. 52, AB T0B 1X0
--beds
--baths
2,200sqft
Apartment
Built in 1999
-- sqft lot
$-- Zestimate®
C$200/sqft
C$-- HOA
What's special
Comfortable layoutsShared laundry facilitiesElectrified exterior parking
- 16 days |
- 4 |
- 0 |
Likely to sell faster than
- Loading