$1,275,000

Investment For Sale In High Prairie, Alberta

$1,275,000

Property Information:

This RARE SIX-PLEX in HIGH PRAIRIE is a TURN-KEY INVESTMENT offering STRONG CASH FLOW, FULL OCCUPANCY, and a SOLID CAP RATE. Located on a QUIET STREET backing onto GREEN SPACE, it blends CURB APPEAL, PRIVACY, and LONG-TERM VALUE. The 8,324 sq ft complex includes SIX FULLY SELF-CONTAINED UNITS—2 Bungalows, 2 Bi-levels, and 2 Five-level Splits—each with PRIVATE ENTRANCE, IN-SUITE LAUNDRY, and CONSISTENT INTERIOR FINISHES. Recent upgrades include a 2025 ROOF, 2024 EXTERIOR PAINT, NEW PATIO DOORS, DECKS, CONCRETE WORK, and UPDATED ELECTRICAL. Units 2 and 4 have NEWER FURNACES; all units feature CURTAINS, BLINDS, and SCREEN DOORS WITH BUILT-IN BLINDS. Living spaces range from 885–1,385 sq ft with 2–3 BEDS. Includes 12 PARKING STALLS (4 COVERED), a SHARED GARBAGE BIN, and the potential to CONDOMINIUMIZE. With FULL OCCUPANCY, a STRONG RENTAL HISTORY, RECENT UPGRADES, and a COMPETITIVE CAP RATE, this is a LOW-MAINTENANCE, HIGH-RETURN ASSET in a STABLE, GROWING MARKET—an ideal opportunity for savvy investors.Unit Counts:Studio Apts: 0Bachelor Apts: 01 Bedroom Apts: 02 Bedroom Apts: 43 Bedroom Apts: 24+ Bedroom Apts: 0Other Units: 0Other Property Types: Multi-FamilyOwnership Interest: PrivateReports Available: Floor PlansTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Showings available upon accepted offer.Appointment Phone: 403-293-0363Paragon Listing ID: E4446009 (id:27)

Building Features:

  • Floor Space: 8324 sqft

Property Features:

  • Property Type: Multi-family
  • Built in: 1982
  • Floor Space (approx): 8324 Square Feet
  • Irregular: Yes
  • Lot Size: 0.00 Square Feet
  • No. of Parking Spaces: 12

Courtesy of: RE/MAX House of Real Estate

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.