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Listed by Bobbi Tienkamp • RE/MAX of Swift Current
$ 3,320,000
Est. payment | /mo
1.34 Acres Lot
$ 3,320,000
Est. payment | /mo
1.34 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Residential Only
Listing Status Active
Purchase Type For Sale
Subdivision South East Sc
MLS Listing ID SK999175
Originating Board Saskatchewan
Year Built 2018
Lot Size 1.340 Acres
Acres 1.34
Property Sub-Type Residential Only
Property Description
16 UNITS, FULLY OCCUPIED WITH LEASES SET IN PLACE TO PRODUCE ROUGHLY $290,000 IN INCOME FOR 2024. Searching for a TURN KEY revenue property with a reliable income and FULL occupancy? Look no further, this new construction multifamily property is just what you need. Built by a trusted local builder, these two buildings house 16 luxurious suites with fabulous views of the creek, park and countryside. Just steps from the walking / biking path, golf course, park, tennis courts and track, the units offer superb rentability with a combination of location, layout and stylish finishings placed on a generous 1.34 acre lot. Each unit features an open concept layout, updated stainless steel appliances, granite countertops, in suite laundry, 2 bedrooms and an office, 2 full bathrooms including a master bedroom ensuite as well as a private balcony. The exterior is finished with vinyl low maintenance siding and the crawl space is concrete/ICF block construction for ultimate energy efficiency. The buildings are heated by an efficient boiler system offering soothing radiant heat and are still covered by up to 9 years of New Home Warranty plans. This attractive investment offers a 7% Cap Rate along with no interior common space to maintain. Contact your Real Estate agent today for more information or to book your personal viewing.
Location
Province SK
Community South East Sc
Interior
Heating Hot Water, Natural Gas
Flooring Wood
Appliance Fridge, Stove, Washer, Dryer, Dishwasher Built In, Window Treatment
Exterior
Exterior Feature Vinyl
Garage Spaces 35.0
Amenities Available Other (See REALTOR Remarks), Storage, Visitor Parking
Total Parking Spaces 35
Building
Building Description ICF Block, Low-Rise (3 floors and under)
Story 2.00
Structure Type ICF Block
Others
Ownership Freehold
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Jim Kelley
Agent