Property Details

9503 112 Avenue
Clairmont (A2195843)

$3,625,000
10,288 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

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

Description

16 Unit CASH FLOWING apartment complex featuring Eight 3 bed 2.5 bath upper suites and Eight 2 bed 1 bath basement suites for a total finished sqft of 15096 sqft including the basement suites. This attractive complex was built in 2017 and there are separate power meters for each suite and a common boiler for heat and hot water for the whole 16 unit complex. The central parking area boasts 32 parking stalls and is right beside a large kids park and greenspace. Located just 10 minutes north of Grande Prairie in Clairmont. Clairmont boasts a k-8 school, miles of paved walking trails, a skate park, splash park and the Clarimont industrial park is home to 100's of Industry Service Companies like Finning, Kenworth, Precision Well, Brandt, Cummings and more. This complex is being offered for sale at the competitive price of the 2024 appraised value. A CMHC broker has already analyzed the financials and an 85% loan-to-value mortgage is possible for pre-approved buyers with good credit and a net worth of $750,000+. Seller financing is not available. Financial pro forma is available with a signed NDA and once signed showings will be made available to qualified buyers with a signed NDA, letter of introduction from your banker proving your ability to purchase or a bank pre-approval letter. Total monthly rent will be $28,850 / month ( one basement unit currently vacant advertised at $1600, current total is $27,250)3d TOURS ARE ATTACHED TO THE LISTING, THE LINK FOR VIRTUAL TOUR OR MULTI MEDIA IS UPPER SUITE, 3D IS THE LOWER SUITE.

Property details

Basic Info

MLS® #
A2195843
Property Type:
Multi-Family
Subtype:
Row/Townhouse
Subdivision:
NONE
Price
$3,625,000
Sale/Lease:
For Sale
Size:
10,288 sq.ft.
Year Built:
2017 (8 years old)

Building Info

Builder:
Derksen Builders
Structure Type:
Five Plus
Building Style:
Stacked Townhouse
Garage:
No
Parking:
Asphalt, Stall
Fence:
Basement:
Full, Suite
Inclusions:
5 appliances for each suite ( 16 fridges, 16 stoves, 16 dishwashers, 16 washer dryers, existing window coverings
Appliances:
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
Patio/Porch Features:
Deck

Lot / Land Info

Zoning:
mdr

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Concrete,Wood Frame
Floors:
Carpet, Vinyl Plank
Foundation:
Poured Concrete

Listing Info

Possession:
Negotiable
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Your Agent
  • Daniel Cram

    Sutton Group Grande Prairie
    780-814-9482

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