Brooks, AB T1R 0T2,104 1 ST E
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Brooks, AB T1R 0T2,104 1 ST E
Brooks, AB T1R 0T2,104 1 ST E
Brooks, AB T1R 0T2,104 1 ST E
Brooks, AB T1R 0T2,104 1 ST E

$900,000

Est. payment /mo

$925,000

2.7%
Est.Price: ?

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104 1 ST E Brooks, AB T1R 0T2

SOLD DATE : 08/17/2023

Key Details

Sold Price $900,000

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Central

MLS® Listing ID A2044256

Year Built 1970

Annual Tax Amount $5,940

Tax Year 2021

Property Sub-Type Multi Family

Property Description

11 unit Multi-Family complex 100% rented could be yours! This could be the next profitable asset to add to your investment portfolio or your first endeavour into multifamily ownership. This building in Brooks, has generated good income for the owner for over 30 years. The building has been well cared for over the years with a hands-on owner. A live-in caretake helps with day-to-day repairs, management and maintenance. A projected rent roll over $100K could make this a opportunity.
With Vacancy rates extremely low in Brooks and 100% current rental occupancy you are generating good cashflow out of the gate.

Location

Province AB

County Brooks

Zoning R-HD

Interior

Heating Boiler, Natural Gas

Cooling None

Exterior

Roof Type Asphalt Shingle

Building

Foundation Block

Structure Type Mixed

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Listed by eXp Realty
agent

Ken Rigel

Team Lead

+1(403) 207-1748

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