$2,950,000

15200 sqft

Excellent investment opportunity. This 16 unit apartment building which comes with a elevator and all the condo documents if you want to sell each unit in the future. The building is sprinklered and each unit has it's own furnace and hot water tank, large kitchen, in-suite laundry room, 2 bedrooms, full bath (8 with ensuite bathroom) and balcony. Excellent sound proofing and plenty of parking. The property comes with another parcel of shovel ready land to build another 16 units and the over size parking lot is completely ready for the next building. Total parking is 48 parking stalls (16 are titled separately). Turn key property with great income. (id:45344)

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    Property Details

    MLS® Number E4315023
    Property Type Multi-family
    Neigbourhood Cold Lake North
    Features Corner Site, Balcony
    Parking Space Total 32

    Building

    Constructed Date 2014
    Size Interior 15200 Sqft

    Land

    Acreage No
    Size Irregular 39900.96
    Size Total 39900.96 Sqft
    Size Total Text 39900.96 Sqft

    https://www.realtor.ca/real-estate/24915849/1-16-2402-pelican-cl-cold-lake-cold-lake-north

    Brian Cyr
    Remax Elite
    BrianCyr StAlbert 1
    “Brian never pressured us in any way, making us feel comfortable in our dealings with him. We would highly recommend him as a professional realtor.”
    - Bill & Kathy Hill