Excellent investment opportunity. This 16 unit apartment building which comes with a elevator and all the condo documents if you want to sell each unit in the future. The building is sprinklered and each unit has it's own furnace and hot water tank, large kitchen, in-suite laundry room, 2 bedrooms, full bath (8 with 2pc ensuite bathroom) and balcony. Excellent sound proofing and plenty of parking. The property comes with another parcel of shovel ready land to build another 16 units and the over size parking lot is completely ready for the next building. Total parking is 37 parking stalls (16 are titled separately). Turn key property with great income.
Address
#1-16 2402 Pelican CL
List Price
$2,950,000
Property Type
Commercial Sale
Area
Cold Lake
Sub-Area
Cold Lake North
Year Built
2014
MLS® Number
E4315023
Listing Brokerage
Coldwell Banker Lifestyle
Postal Code
T9M 0H3
Zoning
Zone 60
Construction Materials
Vinyl, Wood Frame