Property Details
5701,5703 Evergreen Drive
High Prairie (A2328419)
Description
Presenting a rare and powerful multi-family investment opportunity in High Prairie, Alberta: a 12-door portfolio available for the incredible price of just $1,900,000. This offering includes two fourplexes and two side-by-side duplexes, all built in 2007, providing a modern, low-maintenance foundation for steady returns. The fourplexes are comprised of spacious three-bedroom, two-bathroom units on both the upper and lower levels, making them highly attractive to families and long-term renters alike. The duplexes offer immediate living space on the main floor and come with unfinished basements that already feature separate entrances, presenting a tremendous value-add opportunity to finish and convert them into two additional suites—potentially expanding the entire portfolio from 12 to 14 revenue-generating doors. Currently, all units are tenanted with the exception of one, which is vacant and awaiting repairs, offering a new owner the chance to renovate and lease it at current market rates. With substantial existing cash flow, built-in appreciation potential, and an unbeatable price per door, this portfolio is a must-see for serious investors. Contact us today for a full rent roll or to schedule a private viewing.
Property details
- MLS® #
- A2328419
- Property Type:
- Multi-Family
- Subtype:
- 4 plex
- Subdivision:
- NONE
- Price
- $1,900,000
- Sale/Lease:
- For Sale
- Size:
- 9,896 sq.ft.
- Year Built:
- 2007 (19 years old)
- Structure Type:
- Four Plex
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- N/A
- Appliances:
- Electric Range, Refrigerator, Washer/Dryer
- Zoning:
- Residential R3
- Roof:
- Asphalt Shingle
- Possession:
- Negotiable
- Days on Market:
- 68
Basic Info
Building Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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