* Amounts are estimates only. Final payment amounts may vary.
Description
Turnkey 18-Suite Apartment Building – Fully Rented & Income Generating | Prime Whitecourt Location.
Rare opportunity to acquire a fully tenanted 18 unit multifamily across from the Whitecourt Hospital and steps from the Allan & Jean Millar Centre. Property includes 16 two-bedroom units & 2 one-bedroom units, strong tenants demand, and a high efficiency boiler (September 2022). Well maintained with 18 parking stalls on a 21, 860 square foot lot. Investment HIghlights: Immediate rental income with stable long-term tenancy, strong cash flow and equity growth, high demand in healthcare-adjacent area, tax-efficient multifamily investment.
Property details
Basic Info
MLS® #
A2228412
Property Type:
Commercial
Subtype:
Multi Family
Subdivision:
NONE
Price
$1,890,000
Sale/Lease:
For Sale
Size:
17,865 sq.ft.
Year Built:
1970 (56 years old)
Building Info
Structure Type:
Low Rise (2-4 stories)
Building Name:
Timberloft
Garage:
No
Fence:
Basement:
No
Inclusions:
18 fridges, 18 stoves, 3 washers, 3 dryers (washers and dryers are on tokens)
