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The perfect investment or property to house your existing business in. At 3867 sq ft and currently 4 units rented in the building with zero vacancy, this building is ready for a new owner. Current Net Income is just under $30,000 making it a 4.44 cap rate. However the rates are extremely low so there is tons of potential to get the rates up to market standards or call it home for your existing business. New roof in 2015, 2 new heat exchangers. Extremely well maintained building. (id:27476)
Looking for the perfect investment opportunity or a new location for your business? Look no further than this 3867 sq ft building, currently housing 4 rented units with no vacancies. With a current net income of just under $30,000, this property offers a 4.44 cap rate. However, with the current rates being extremely low, there is significant potential to increase the rates to market standards. Alternatively, you could make this building the new home for your existing business.
Constructed in 2015, the building features a new roof and 2 new heat exchangers, ensuring that it is extremely well-maintained and ready for a new owner to take over. This property is a prime investment opportunity or a perfect space to house your business.
This property is currently listed for sale and is located at 10309 100 AV in Fort Saskatchewan, Alberta. The postal code for this property is T8L1Y9.
