$1,035,000
$1,050,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
11,420 SqFt
SOLD DATE : 10/20/2024
Key Details
Sold Price $1,035,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 11,420 sqft
Price per Sqft $90
Subdivision Southridge
MLS® Listing ID A2143547
Sold Date 10/20/24
Originating Board Lloydminster
Year Built 1978
Annual Tax Amount $6,139
Tax Year 2024
Property Description
Welcome to your next investment opportunity in the heart of Lloydminster, this 16 suite apartment offers steady rental income and potential for appreciation. Whether you’re a seasoned investor or looking to start your real estate portfolio, this property offers the stability and potential you’ve been seeking. Lloydminster is a vibrant and growing community with a family friendly atmosphere. Its diverse job sector, including industries such as oil and gas, agriculture, and retail, ensures a robust local economy. The long term tenant profile in these units is sure to entice the savvy investor looking to maximize on income potential.
This 16 suite apartment building features a variety of well sized units to appeal to students or small families, with 5 bachelor suites, 9 one bedroom suites and 2 - 2 bedroom suites. There are on premise coin operated laundry facilities for all residents as well as dedicated parking for each suite and visitor parking onsite.
Location
Province AB
County Lloydminster
Zoning R4
Interior
Heating Boiler, Natural Gas
Appliance Refrigerator, Stove(s), Washer/Dryer
Exterior
Garage Off Street
Garage Description Off Street
Building
Story 3
Structure Type Stucco,Wood Frame,Wood Siding
Others
Restrictions Call Lister
Tax ID 56790959
Ownership Other
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