Sold with Chad
Listed By:
Courtesy of Gary Mah of Exp Realty.
Address
4943 Chalmers Avenue, Swan Hills, AB
Price
$ 1,440,000
Property Attributes
  • ID#43688858
  • TypeCommercial
  • Listing Status Active
  • CitySwan Hills
  • AreaBig Lakes
  • Postal CodeT0G 2C0
  • Style
  • Year Built1980
  • Price$ 1,440,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
REALTORS® Association Of Edmonton - RAE
Property Description

PRICED TO SELL WITH MOTIVATED SELLER!! Own Copperstone Manor with a 9.33% Cap Rate with excellent cashflows. This 24 suite apartment building was significantly renovated in 2019 with new luxury vinyl plank flooring throughout the suites; new paint; new bathrooms; new kitchen countertop and tile backsplash; new fire rated doors throughout, upgraded LED lighting, and too much to list. There is an excellent mix of 18 One Bedroom plus 6 Two Bedroom suites. Many suites are fully furnished. Excellent mix of tenants. Each suite is individually metered for electricity. New Hot Water Tank installed in 2024. New Boiler installed in 2010. The 35 year rated roof shingles were installed in 2008. On-site caretaker and helper. Dont miss this opportunity to get a fantastic cashflowing property!! NO VTB OR ASSUMABLE MORTGAGE. See REALTORs website for more details.

General Features

Year Built 1980
Property Type Commercial Sale
Status Active
City Swan Hills
Living Area Units Square Feet
Standard Status Active
Primary Property Type Multi-Family Commercial

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T0G 2C0

Statistics provided by Inside Real Estate

Price
AVG $500K
$1.44M
Year Built
AVG 1995
1980