Property Details

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Featured in:

Winners:

5 Sunset Boulevard
Whitecourt (A2228412)

$1,890,000
17,865 ft²
Note: This property may have a conditional offer. Talk to us for details.
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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.

Property details

Basic Info

MLS® #
A2228412
Property Type:
Commercial
Subtype:
Multi Family
Subdivision:
NONE
Price
$1,890,000
Sale/Lease:
For Sale
Size:
17,865 sq.ft.
Year Built:
1970 (55 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Building Name:
Timberloft
Garage:
No
Fence:
Basement:
No
Inclusions:
18 fridges, 18 stoves, 3 washers, 3 dryers (washers and dryers are on tokens)

Lot / Land Info

Lot Size:
0.50 acres
Zoning:
R-4

Listing Info

Possession:
30 Days / Neg
Days on Market:
181
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Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

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