9512 154 St Nw, Edmonton, Alberta T5P 2E9

Listed for:
$1,250,000
0 beds
0 baths
Listed 132 days ago
9512 154 St Nw, Edmonton, Alberta T5P 2E9

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Listing provided by:
Exp Realty
MLS® number:
E4371214
Agent:
Jamelle Alexander
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About

A unique & reliable investment opportunity is presented within the ownership of this custom built group home, providing stable and predictable investment performance at 9512 154 Street. Located in the budding community of Sherwood West Edmonton, the 2923 sq. ft. group care facility has 6 rooms for tenants, with full mobile accessibility and safety in mind. Features include; full life safety systems in fire suppression & alarms, medical care facility grade finish within the space, & wheelchair accessibility for main floor of facility. Full legal 2 bed upper level suite provides flexibility for live-in caretaker quarters, or additional accommodation for tenants. Confidence in this asset can be maintained as there is a long term group home operator leasing the space, providing a steady and predictable monthly income. Oversized garage & loading/pad space a plus for daily operations. Your asset's operating expenses are reduced with ZERO municipal property tax & group home operator maintenance responsibility! (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
8
Ownership Type
Amenities nearby

Location

Summary

With a total of 8 parking spaces, this custom-built group home at 9512 154 Street in Sherwood West Edmonton offers a unique and reliable investment opportunity. The 2923 sq. ft. facility features 6 tenant rooms, designed with full mobile accessibility and safety in mind. It is equipped with full life safety systems, including fire suppression and alarms, as well as medical care facility grade finishes. The main floor is wheelchair accessible, and there is a legal 2-bedroom upper level suite that provides flexibility for a live-in caretaker or additional tenant accommodation.

Confidence in this investment is bolstered by the long-term lease held by a group home operator, ensuring a steady and predictable monthly income. The property also boasts an oversized garage and loading/pad space, which are advantageous for daily operations. Additionally, operating expenses are reduced, as there are no municipal property taxes and the group home operator is responsible for maintenance.

This property, with a land size of 7424 sqft, is currently for sale and is located at 9512 154 ST NW in Edmonton, Alberta. The postal code for this property is T5P2E9.