Quick Summary
Quick Summary
- Solid and upgraded 12-suite apartment building
- Great suite mix of 11 two-bedrooms and 1 one-bedroom
- Roof totally redone in 2016, windows and balcony doors replaced in 2019
- All units have dishwashers, some upgraded with vinyl plank flooring and new countertops
- Well-maintained building inside and out, potential for solid return
- Wetaskiwin experiencing increasing rental rates and new commercial development
- Affordable price point at $115,000 per door with good upside potential
- Ideal investment for rookie or seasoned investor
Welcome to this very solid and upgraded 12 suite apartment building in Wetaskiwin! With a great suite mix of 11 Two Bedrooms and 1 One Bedroom this is a great investment for a rookie or seasoned investor. With Wetaskiwin feeling increasing rental rates, it's poised for the new owners to have this building be a cash cow! The roof was... Show More
Welcome to this very solid and upgraded 12 suite apartment building in Wetaskiwin! With a great suite mix of 11 Two Bedrooms and 1 One Bedroom this is a great investment for a rookie or seasoned investor. With Wetaskiwin feeling increasing rental rates, it's poised for the new owners to have this building be a cash cow! The roof was totally redone in 2016 and ALL windows and balcony doors were done in 2019. All units have dishwashers. Some units are upgraded with vinyl plank flooring, and newer countertops. A well maintained building inside and out, could bring a very solid return for a new owner. With an influx of capital into Wetaskiwin in the recent years, welcoming a second Tim Hortons, a Starbucks, a Booster Juice and a Jysk furniture store to name a few...they do their research before entering a new market. It's time for you to invest a steady Eddie cashflow market. Priced at $115,000/door it gives an affordable price point with good upside for the future. Come take a look today! (id:54626)
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