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Renanza Realty
For sale

5701,5703 Evergreen Drive

High Prairie, Alberta

MLS® A2328419

$1,900,000

Status
Active
Property type
Multi-family
MLS® number
A2328419
Bedrooms
Bathrooms
Year built
2007

Listing description

Presenting a rare and powerful multi-family investment opportunity in High Prairie, Alberta: a 12-door portfolio available for the incredible price of just $1,900,000. This offering includes two fourplexes and two side-by-side duplexes, all built in 2007, providing a modern, low-maintenance foundation for steady returns. The fourplexes are comprised of spacious three-bedroom, two-bathroom units on both the upper and lower levels, making them highly attractive to families and long-term renters alike.

The duplexes offer immediate living space on the main floor and come with unfinished basements that already feature separate entrances, presenting a tremendous value-add opportunity to finish and convert them into two additional suites—potentially expanding the entire portfolio from 12 to 14 revenue-generating doors. Currently, all units are tenanted with the exception of one, which is vacant and awaiting repairs, offering a new owner the chance to renovate and lease it at current market rates. With substantial existing cash flow, built-in appreciation potential, and an unbeatable price per door, this portfolio is a must-see for serious investors.

Contact us today for a full rent roll or to schedule a private viewing.

Property summary

MLS® number
A2328419
Property type
Multi-family
Building type
Multi-Family
Square footage
9,896 sq ft
Title
Freehold
Built in
2007
Annual property taxes
$22,846.88
Parking
4 spaces
Days on market
57 days

Features & details

Appliances
Refrigerator, Range - Electric, Washer & Dryer

What would this home cost you?

Based on the $1,900,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,840 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Grassroots Realty Group - High Prairie, High Prairie.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

5701,5703 Evergreen Drive, High Prairie, Alberta — For Sale | Renanza