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Puma Banwait
CENTURY 21 BAMBER REALTY
1612 - 17 AVE SW, Calgary, Alberta
P: 403-660-6363
F: 403-366-3758
Email

Listing Details

For more information on this listing or other please contact me.

Data was last updated 2020-10-20 at 00:30:49 GMT
$5,150,000

North Battleford, Saskatchewan   Out of Province_Alberta, Alberta

MLS®: C4288460
URL:    
Fantastic opportunity to obtain a well-managed 60 door multifamily portfolio in a stable and accessible secondary market! The portfolio consists of 6 separately titled buildings (three 8-plexes + three 12-plexes) totalling 60 doors of 1 & 2 bedroom units. With typical '60's & '70's design, all buildings are are well-built walk-ups without the maintenance costs of elevators and feature clean and attractive common areas. Being in the town of North Battleford they are all within a conveniently manageable and tight geographic area. The properties are largely renovated with stable and long term tenants, and are closely managed by a dedicated local property manager.Roughly a third of the suites could use refresh/improvements for increased rentability, but the package CAN be fully renovated and sold with a 2-stage close if desired. With a waiting list for available apartments, this portfolio is a no-brainer & priced to provide value. More information available on request. See the attachments for details!
Fantastic opportunity to obtain a well-managed 60 door multifamily portfolio in a stable and accessible secondary market! The portfolio consists of 6 separately titled buildings (three 8-plexes + three 12-plexes) totalling 60 doors of 1 & 2 bedroom units. With typical '60's & '70's design, all buildings are are well-built walk-ups without the maintenance costs of elevators and feature clean and attractive common areas. Being in the town of North Battleford they are all within a conveniently manageable and tight geographic area. The properties are largely renovated with stable and long term tenants, and are closely managed by a dedicated local property manager.Roughly a third of the suites could use refresh/improvements for increased rentability, but the package CAN be fully renovated and sold with a 2-stage close if desired. With a waiting list for available apartments, this portfolio is a no-brainer & priced to provide value. More information available on request. See the attachments for details!

Listing Information

Prop. Type:
Multi Family (Commercial)
Status:
Active
City:
Out of Province_Alberta
Neighbourhood:
NONE
Area:
Out of Province_Alberta
Province:
Alberta
MLS® Number:
C4288460
Listing Price:
$5,150,000

General Information

Year Built:
1970
Transaction Type:
For Sale
Zoning/Land Use Code:
R4
Region:
Out of Province_Alberta
Tax Year:
2019

Additional Information

Plan:
Varies
Legal Block:
N/A
Legal Lot/Unit:
Varies

Other Information

Zoning/Land Use:
R4

VIP-Only Information

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This property is listed by CIR Realty and provided here courtesy of Puma Banwait. For more information or to schedule a viewing please contact Puma Banwait.
Puma Banwait
CENTURY 21 BAMBER REALTY
Phone: 403-660-6363
Mobile Phone: 403-660-6363
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
This site's content is the responsibility of Puma Banwait, licensed Salesperson in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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