See all 10 photos
$439,900
Est. payment /mo
2,200 SqFt
New
205 Reed AVE #1-7 Hayter, AB T0B1X0
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Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2200.0
Square Footage 2,200 sqft
Price per Sqft $199
Subdivision Hayter
MLS Listing ID A2257846
HOA Y/N No
Year Built 1999
Property Sub-Type Apartment
Property Description
Multi-Unit Investment Opportunity – Located just 1 hour south of Lloydminster, this fully occupied multi-family complex is an excellent revenue property. The building features 7 units with a total of 10 bedrooms, offering strong rental demand in the region. The Main Floor Units feature 4 one-bedroom suites, each with private access to a spacious wrap-around deck leading to the exterior parking area. The Lower Level units feature 3 two-bedroom suites, providing comfortable layouts ideal for long-term tenants. All suites are equipped with a kitchen, living room, and full 4-piece bathroom, with convenient access to shared laundry facilities. Additional highlights include electrified exterior parking and the advantage of an on-site property manager who oversees tenant move-ins/outs and building maintenance. Currently at full occupancy with a waiting list, this property provides consistent cash flow and serves a strong demand for affordable housing in Alberta's oil patch.
Location
Province AB
County 0258
Zoning R1
Interior
Inclusions Washer & Dryer Coin Operated
Fireplace No
Appliance Range, Range Hood, Refrigerator
Exterior
Total Parking Spaces 10
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions Adult Living,Non-Smoking Building,Pet Restrictions or Board approval Required
Listed by LPT Realty
