101 Assiniboine Drive, Swan Hills

$699,900

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

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%.

Essential Information
MLS® #A2206711
Price$699,900
Bathrooms0.00
Acres0.00
Year Built1986
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address101 Assiniboine Drive
SubdivisionNONE
CitySwan Hills
CountyBig Lakes County
ProvinceAlberta
Postal CodeT0G 2C0
Amenities
Parking Spaces20
Additional Information
ZoningMuti Residential
Listing Details
OfficeRE/MAX ADVANTAGE (WHITECOURT)
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