PAUL CHAUVET
(780) 268-3949
EXIT REALTY RESULTS
780-779-0090
5 Sunset Boulevard
Whitecourt , Alberta T7S 1K8
Whitecourt , Alberta T7S 1K8
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5 Sunset Boulevard For Sale
$1,890,000
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.
Transaction Type
For Sale
For Sale
Days On Market
168
168
Zoning
R-4
R-4
Subdivision
NONE
NONE
Year Built
1970
1970
Structure Type
Low Rise (2-4 stories)
Low Rise (2-4 stories)
Property Type
Commercial
Commercial
Property Sub Type
Multi Family
Multi Family
Legal Plan
7821864
7821864
Building Area (Sq. Ft.)
17865.00
17865.00
Building Area (Sq. M.)
1659.70
1659.70
Lot Size (Sq. Ft.)
21860
21860
Lot Size (Acres)
0.50
0.50
Inclusions
18 fridges, 18 stoves, 3 washers, 3 dryers (washers and dryers are on tokens)
18 fridges, 18 stoves, 3 washers, 3 dryers (washers and dryers are on tokens)
Restrictions
None Known
None Known
Reports
None
None