4420 Pleasantview Dr , High Prairie, Alberta T0G 1E0 For sale


Area 43560 sqft
Year Built 1982
Car Parking 33

About 4420 Pleasantview Dr

Great investment with a HIGH 6.74% Cap Rate!! Green Acres is a 33 Suite apartment building located at 4420 Pleasantview Drive, High Prairie, Alberta. This 2.5 story walk-up, wood frame construction with balconies/patios has an excellent suite mix of 22 one bedroom suites and 11 two bedroom suites. The building is in excellent shape with newer shingles, 2 newer hot water tanks, LED lighting throughout common and exterior, newer heating control zone valves and shut off valves in each suite, 14 energized covered parking spots, plenty of surface parking for tenants (energized) and visitors, plus coin-op washer and dryers (owned). Zero vacancies and operates at 100% occupancy with fantastic tenants in a quiet building. Room to increase rents with tenant waiting list. Many suites have been updated. High Prairie is an economic hub with 2 large lumber mills, new Hospital, new Northern Lakes College campus, Tim Hortons, Dairy Queen, farming, scrap metal facility and tourism. See REALTOR'S website for more details. (id:51989)

Fearures of 4420 Pleasantview Dr

  • MLS® Number E4311283
  • Price $3,465,000
  • Square Footage: 43560 sqft
  • Neigbourhood: High Prairie
  • Features Corner Site
  • Parking Space Total 33


Constructed Date 1982 Size Interior 43560 Sqft


Acreage Yes Size Irregular 43560
Size Total 43560 Sqft Size Total Text 43560 Sqft

Agents and Offices

  • Gary Mah
  • Office: Exp Realty
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