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$1,900,000
Est. payment /mo
9,896 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Square Footage 9,896 sqft
Price per Sqft $191
MLS® Listing ID A2328419
Year Built 2007
Annual Tax Amount $22,846
Tax Year 2026
Property Sub-Type 4 plex
Source Grande Prairie
Property Description
Presenting a rare and powerful multi-family investment opportunity in High Prairie, Alberta: a 12-door portfolio available for the incredible price of just $1,900,000. This offering includes two fourplexes and two side-by-side duplexes, all built in 2007, providing a modern, low-maintenance foundation for steady returns. The fourplexes are comprised of spacious three-bedroom, two-bathroom units on both the upper and lower levels, making them highly attractive to families and long-term renters alike. The duplexes offer immediate living space on the main floor and come with unfinished basements that already feature separate entrances, presenting a tremendous value-add opportunity to finish and convert them into two additional suites—potentially expanding the entire portfolio from 12 to 14 revenue-generating doors. Currently, all units are tenanted with the exception of one, which is vacant and awaiting repairs, offering a new owner the chance to renovate and lease it at current market rates. With substantial existing cash flow, built-in appreciation potential, and an unbeatable price per door, this portfolio is a must-see for serious investors. Contact us today for a full rent roll or to schedule a private viewing.
Location
Province AB
County Big Lakes County
Zoning Residential R3
Interior
Appliance Electric Range, Refrigerator, Washer/Dryer
Exterior
Roof Type Asphalt Shingle
Total Parking Spaces 4
Others
Restrictions None Known
Tax ID 56529341
Ownership Private
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Listed by Grassroots Realty Group - High Prairie