5
See all 5 photos
$649,900
Est. payment /mo
Price Dropped by $50K
101 Assiniboine DR Swan Hills, AB T0G 2C0
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Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2206711
Year Built 1986
Annual Tax Amount $4,551
Tax Year 2024
Property Sub-Type Multi Family
Source Alberta West Realtors Association
Property Description
Attention investors ! This 10 unit Townhouse rental project is now up for sale at just the right time. After numerous improvements and upgrades this project is now fully rented. With Interest rates coiming down and demand for rentals contunuing to rise now is the time to improve your Real Estate Investment return. With Kiwetinohk Energy Corp. announcing their 460 Megawatt Black Bear Power Plant with a Carbon Capture and Sequestration component in July/24, 24 kms south of Swan Hills and the Federal Gov't issuing a statement on Dec.24/24 that an Impact Assessment was not required, the rental requirements will certainly go up. These 2 storey units offer 2 and 3 brm set ups, each with it's own Fridge & Stove and full basements, covered parking and a huge common yard of over 10,000 sq. ft. The Cap. Rate, with a resident owner, is 10.55%.
Location
Province AB
County Big Lakes County
Zoning Muti Residential
Interior
Inclusions 10 Fridges, 10 Stoves
Exterior
Total Parking Spaces 20
Others
Restrictions None Known
Tax ID 56617930
Ownership Private
Listed by RE/MAX ADVANTAGE (WHITECOURT)