Chalmers Avenue, Swan Hills, AB T0G 2C0

Courtesy of Gary Mah of Exp Realty.

$1,440,000
List Price
$1,440,000
MLS® #
43688858
Year Built
1980
Region
Big Lakes

Property Description

PRICED TO SELL WITH MOTIVATED SELLER!! Own Copperstone Manor with a 9.33% Cap Rate with excellent cashflows. This 24 suite apartment building was significantly renovated in 2019 with new luxury vinyl plank flooring throughout the suites; new paint; new bathrooms; new kitchen countertop and tile backsplash; new fire rated doors throughout, upgraded LED lighting, and too much to list. There is an excellent mix of 18 One Bedroom plus 6 Two Bedroom suites. Many suites are fully furnished. Excellent mix of tenants. Each suite is individually metered for electricity. New Hot Water Tank installed in 2024. New Boiler installed in 2010. The 35 year rated roof shingles were installed in 2008. On-site caretaker and helper. Dont miss this opportunity to get a fantastic cashflowing property!! NO VTB OR ASSUMABLE MORTGAGE. See REALTORs website for more details.

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