$1,200,000.00 6,207 Sq.ft

711 1St Street , Sundre. T0M1X0

Description

Exceptional Sundre 2016 built 5plex, built to very high standards with a mix of spacious units, including 3 x 3-bedroom, 2-bathroom layouts and 2 x 2-bedroom, 2-bathroom configurations with in unit laundry and separate hot water tanks and furnaces per unit, Unit 5 is instant hot water. Currently fully rented to reliable tenants, boasting a stellar track record of zero vacancies for years. Enjoy a steady income stream and impressive cap rate from this investment gem. Built in 2016 near the hospital this property is utilized by the Rural Physician Program with signed leases until 2025, Spacious units with large bedrooms, ensuite masters and laundry in each unit, kitchens with large islands and quartz counter tops throughout, large windows, vinyl flooring, 4 units have heated garage spaces and driveways, Unit 5 has its own driveway. Sundre Hospital Futures Committee is committed to building a new hospital campus within the next few years and Travel Alberta has a plan to develop tourism opportunities in this zone. Only 1 hour from Calgary or Red Deer and a perfect location for all nature enthusiast, with walking trails, Rivers, Lakes and Streams, Sundre has an amazing community with lots of amenities and opportunities.

Listing Information

Prop. Type:Commercial
Status:Pending
MLS #:A2128094
City:Sundre
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 6,207 sq.ft
Land Size:0.00 Acre
Listing Price:$1,200,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Multi Family
Transaction Type:For Sale
Land Use Code:R2
Listing Contract Date:2024-05-01

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Real Broker" listing brokerage.

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