Courtesy Of John Dempster Of RE/MAX Vision Realty
Great opportunity to invest in this 15 suite apartment complex in downtown Drayton Valley that has tremendous potential. With 5-3 bedroom/1.5 bath units, 6-2 bedroom/1 bath, 3-1 bedroom/1 bath units, along with 1 bachelor suite, this building provides a great range of suites to rent out. Each unit includes an intercom system for secured access to the building. Newer flooring has been installed throughout the suites. The building is situated on two lots measuring .48 acres in size(total). The HVAC has had upgrades as well over the years(Boiler-2012, HWT-2011). The property includes 16 energized parking stalls as well as on street parking(situated on a corner lot). Seller has indicated that all 10 balconies have been refurbished approx 10 years ago as well. The common laundry room is in the basement(tenants charged a flat fee monthly currently). Chimo Place would make a great next investment.
Listing information last updated on January 21st, 2021 at 11:31pm MST.