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$ 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 Freehold
Listing Status Active
Purchase Type For Sale
Subdivision South East Sc
MLS® Listing ID SK999175
Style Low rise
Originating Board Saskatchewan REALTORS® Association
Year Built 2018
Lot Size 1.340 Acres
Acres 58370.4
Property Sub-Type Freehold
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. (id:24570)
Location
Province SK
Rooms
Kitchen 0.0
Interior
Heating Hot Water,
Exterior
Parking Features No
Community Features Pets Allowed With Restrictions
View Y/N No
Total Parking Spaces 35
Private Pool No
Building
Lot Description Lawn, Fully landscaped
Story 2
Architectural Style Low rise
Others
Ownership Freehold
Listed by RE/MAX of Swift Current