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Ben Sweet

Ben Sweet & Associates

allcalgarylistings@gmail.com +1(403) 774-7447

$3,590,000

Est. payment - /mo

10,288 SqFt

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Key Details

Property Type Townhouse

Sub Type Row/Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 10288.0

Square Footage 10,288 sqft

Price per Sqft $348

MLS Listing ID A2273563

Style Townhouse-Stacked

Year Built 2017

Property Sub-Type Row/Townhouse

Property Description

This cash-flowing 16-unit apartment complex generates $28,850 in gross monthly income and features eight 3-bedroom, 2.5-bath upper suites and eight 2-bedroom, 1-bath lower suites, offering a total of 15,096 sq. ft. of finished living space including the basement suites. Built in 2017, the property includes separate power meters for each unit and a common boiler providing heat and hot water for the entire complex. Ideally located just two blocks from the Lakeview Seniors Home, it offers strong potential for workforce housing in a high-demand area. The site provides 32 parking stalls in a central lot and sits adjacent to a large park and greenspace. Situated only 10 minutes north of Grande Prairie in Clairmont, the community offers a K-8 school, extensive paved trails, a skate park, splash park, and proximity to the Clairmont Industrial Park, home to hundreds of major industry service companies including Finning, Kenworth, Precision Well, Brandt, and Cummings. The complex is offered below its 2024 appraised value, and a CMHC broker has confirmed that an 85% loan-to-value mortgage may be achievable for qualified buyers with strong credit and a net worth of $750,000 or more. Seller financing is not available. A financial pro forma is available with a signed NDA, and showings will be arranged for qualified buyers! The property is fully occupied with no vacancy, and 3D tours for both upper and lower suites are included in the listing.

Location

Province AB

Zoning mdr

Rooms

Basement Full

Interior

Flooring Carpet, Vinyl Plank

Inclusions appliances for each suite

Fireplace No

Appliance Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Exterior

Parking Features Asphalt, Stall

Roof Type Asphalt Shingle

Porch Deck

Total Parking Spaces 32

Garage No

Building

Dwelling Type Five Plus

Story Two

Foundation Poured Concrete

Builder Name Derksen Builders

Architectural Style Townhouse-Stacked

Level or Stories Two

Others

Restrictions Architectural Guidelines

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Listed by Sutton Group Grande Prairie Professionals

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Ben Sweet

+1(403) 774-7447

Team Lead

9503 112 AVE Clairmont, AB T8X 5C8

Ben Sweet

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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9503 112 AVE