101 Assiniboine Drive

Multi Family For Sale in Other, Swan Hills

$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%.
Address
101 Assiniboine Drive
List Price
$699,900
Property Type
Commercial
Type of Dwelling
Multi Family
Area
Swan Hills
Sub-Area
Other
Year Built
1986
MLS® Number
A2206711
Listing Brokerage
RE/MAX ADVANTAGE (WHITECOURT)
Postal Code
T0G 2C0
Zoning
Muti Residential
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RE/MAX Complete Realty Okotoks

RE/MAX Complete Realty Okotoks

29A Elizabeth St Okotoks Alberta T1S 1B1

Office: 403-407-2017

office@remaxcompleterealty.ca