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Courtesy of Veronica Garth of Garth Realty Group Inc..
Data was last updated 2024-05-04 at 03:54:34 GMT
Fantastic value with reliable tenants in this 8 unit multi-family apartment complex. Located in Killam Alberta, Flagstaff Country, with a population of ~1000 people. This complex is located across the street from the Killam Health Care Centre, and is one of only two apartment buildings located in the town. Low maintenance tenant population, low vacancy rate. This building is a 1.5 story walk-up and consists of wood frame construction. Gable roof, balconies on upper units. New boiler 2023. 2x new H2O tanks 2022. Laundry facilities. Large, 14,940 square foot lot with 8 parking spaces. Mix of 2x 1-bedroom units, and 6x 2-bedroom units. The cap rate is 7.7%.
Listing Information
- Prop. Type:
- Multi-Family (Commercial)
- Status:
- Active
- City:
- Killam
- MLS® Number:
- E4381066
- Neighbourhood:
- Killam
- Area:
- Flagstaff
- Province:
- AB
- Listing Price:
- $680,000
General Information
- Year Built:
- 1966
- Zoning/Land Use Code:
- For Sale
- Region:
- Flagstaff
Additional Information
- Plan:
- 477CL
- Legal Lot/Unit:
- Pt 2
Other Information
- Land Size Hectares:
- 0
- Building Type:
- Freestanding, Low Rise (2-4 stories), Walk Up
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This property is listed by Veronica Garth of Garth Realty Group Inc. and provided here courtesy of
Kyle Rossiter.
For more information or to schedule a viewing please contact Kyle Rossiter.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.