4801 Parkwood Road, Blackfalds, Alberta T4M 0P2

ALL 2 Bedroom 2 Full Bathroom Luxury Suites. This Building was completed in 2018 and has a lot of extras. Each unit has upgraded stainless steel appliances and comes with a stacking washer and dryer and kitchen exhaust system. All units heated and cooled by a water source heat pump system. All units have balconies with BBQ gas lines. Each unit comes with a heated underground stall with extra energized parking outside. Total parking available is 31 heated underground stalls and 21 energized outside stalls. The building itself has a full sprinkler system, elevator, gym on the 3rd floor, extra storage throughout building. There is a retention pond to the south of the building, which in the winter is turned into a skating rink. Amazing Location, Amazing Opportunity! Excellent CAP for this new of a building! Gross Annual Income is $519,800.00 (id:27476)

Here is a fantastic investment opportunity in Blackfalds, AB - a fully rented 27-unit luxury apartment building, all of which are 2-bedroom, 2-bathroom suites. The building was completed in 2018 and boasts numerous amenities. Each unit is equipped with high-end stainless steel appliances, a stacking washer and dryer, and a kitchen exhaust system. Heating and cooling are provided by a water source heat pump system, and all units feature balconies with BBQ gas lines. Additionally, each unit comes with a heated underground stall and extra energized parking outside, totaling 31 heated underground stalls and 21 energized outside stalls. The building is also equipped with a full sprinkler system, an elevator, a gym on the 3rd floor, and extra storage throughout. To the south of the building, there is a retention pond that is transformed into a skating rink in the winter, making this property an amazing opportunity in an excellent location. The Gross Annual Income for this new building is $464,160.

This property, located at 4801 Parkwood Road in Blackfalds, Alberta, is for sale and offers a land size of 33105 sqft. It is situated in the community of Panorama Estates and has a postal code of T4M0P2. The building is fully air conditioned and features a concrete and stone exterior finish. It utilizes natural gas as its heating fuel and has a heating type of hot water. This property falls under the category of Multi-Family.