Courtesy of Keith Halabi of
RE/MAX River City
10317 Shand Avenue
Grande Cache
T0E 0Y0
$1,298,800
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4325573
- Build. Type:
- Multi Tenant/Multi Plex
- Photos (2)
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8 separate titled units in two buildings. Each being rented out for $1,300 per month and tenants pay their own utilities. Built in 2008 with 3 bedrooms each and a single garage attached. Excellent property in the busy town of Grand Cache, with a major provincial Jail, Pulp mill, Coal mine and potential for a second coal mine. Situated next to the Rockies finding renters has never been a problem. Fantastic property to park your money.
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial
- Construction:
- Wood Frame
- Building Type:
- Multi Tenant/Multi Plex
- # Units:
- 8
- Tot Pkg Spaces:
- 16
- # Storeys:
- 1.0
- Year built:
- 2008 (Age: 15)
- Total Floor Area:
- 6,386 sq. ft.
- Lot Area:
- 0 sq. ft.
- Land Use/Zoning:
- Res. High Density
- Plan:
- 0825769
- Title to Land:
- Freehold
- LINC Number:
- 0033345878
- Num. of Parcels:
- 1
- Cap Rate %:
- 6.05
- Gross Operating Income:
- $124,800
- Other Income:
- $0
- Effective Gross Income:
- $124,800
- Net Operating Income:
- $91,826
- Total Oper. Expenses:
- $32,974
- Tot Expenses:
- $32,974
- Entry date:
- Jan 27, 2023
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Photo 1 of 2 -
Photo 2 of 2
Data was last updated May 28, 2023 at 06:30 AM (UTC)
- TERRIE REEKIE
- RE/MAX RIVER CITY
- 1 (780) 9088090
- Contact by Email
T
R
Terrie M Reekie
Re/Max River City
Office Address:
13120 St. Albert Trail
Edmonton, AB, T5L 4P6