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10408 101 Street: Westlock Multi-Family (Commercial) for sale : MLS® # E4071560

10408 101 Street Westlock T7P 2B7 : Westlock

Main Photo: 10408 101 Street: Westlock Multi-Family (Commercial) for sale : MLS® # E4071560
$1,180,000
Prop. Type:
Multi-Family (Commercial)
MLS® Num:
E4071560
Status:
Active
Build. Type:
Townhouse
12 suite townhome style multi family residential housing. New roof. Vinyl siding and insulation and windows upgraded sometime in the early 2000's. Decent back yard area. rear patio decks. Recent flooring and paint in most units. Fresh renovations! Solid concrete (full dimension) basements in each one. Concrete block party wall between each unit provides good sound attenuation. Laundry hookups in each basement. Close to intersection of 2 main highways in Westlock. Very good access to many amenities. Under new management, most of these suites are in the process of being renovated and will be generating income very soon! Great for foreign workers. A good return on investment.
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Multi-Family (Commercial)
Construction:
Wood Frame
Building Type:
Townhouse
# Bldgs:
1
# Units:
12
Tot Pkg Spaces:
24
# Storeys:
2.0
Year built:
1965 (Age: 52)
Total Floor Area:
Switch units of measure10,372 sq. ft.
Lot Area:
Switch units of measure10,450 sq. ft.
Land Use/Zoning:
R-3
Heating fuel:
Natural Gas
Plan:
2558HW
Title to Land:
Fee Simple
LINC Number:
0014300008
None Known
Dist to School:
Westlock Townhomes
Units Include:
Fridge, Stove
Num. of Parcels:
1
Cap Rate %:
8.0
Gross Operating Income:
$132,600
Other Income:
$0
Effective Gross Income:
$132,600
Net Operating Income:
$112,600
Total Oper. Expenses:
$20,000
Tot Expenses:
$20,000
Listing information last updated on 7-Jul-2017 5:27 PM
Trent Muller

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10408-100 Avenue

Westlock, Alberta

T7P 1T6

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