For Sale – 35 Unit Apartment Investment Opportunity

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5107 - 60 Street Rocky Mountain House

Property Highlights:

For Sale – 35 Unit Apartment Investment Opportunity – Evergreen Apartments

  • Fully tenanted 35 unit apartment building located on the West end of Rocky Mountain House.
  • Opportunity to increase revenue as the units are currently rented at various rates.
  • The building offers 70 powered parking stalls (up to 3 vehicles/unit is included in the rent).
  • Ongoing unit upgrade program, with a new torch roof (9 years) and new boiler system (5 years).
  • Electricity is separately metered and there is a coin laundry on site.

Price: $3,325,000 ($95,000 per door)

Location:

5107 - 60 Street Rocky Mountain House

Associate:

Chris Davies – Vice President, Multi-Family & Investment Sales

Chris Davies is the product of three generations of real estate practitioners, and has dedicated his career to continuing as the consummate commercial real estate professional. Born into a family of investors he spent much of his young life contributing to the management of over 1,600 residential units and other[…]

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