BRIAN W. AMES
(780) 706-5575
RE/MAX ADVANTAGE (WHITECOURT)
780-778-6678
101 Assiniboine Drive
Swan Hills , Alberta T0G 2C0
Swan Hills , Alberta T0G 2C0
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101 Assiniboine Drive For Sale
$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%.
Transaction Type
For Sale
For Sale
Days On Market
29
29
Zoning
Muti Residential
Muti Residential
Subdivision
NONE
NONE
Year Built
1986
1986
Structure Type
Five Plus
Five Plus
Property Type
Commercial
Commercial
Property Sub Type
Multi Family
Multi Family
Legal Plan
8521999
8521999
Building Area (Sq. Ft.)
16000.00
16000.00
Building Area (Sq. M.)
1486.44
1486.44
Inclusions
10 Fridges, 10 Stoves
10 Fridges, 10 Stoves
Restrictions
None Known
None Known
Reports
Rent Roll
Rent Roll