C/O Kim Martin, RE/MAX Results
This 12 suite apartment building is being sold with a 16 unit townhouse complex (MLS#E4069504) in the town of Swan Hills for a total asking price of $840,000. The apartment has 24 parking stalls (2 per unit), 2 washers & 2 dryers & the tenants pay their own power. Upgrades include cabinets, roof, some flooring and hot water heater. All 28 suites have a cap rate of 1.5% based only on the current rent rolls - not on potential rents.