11-14, 21-24, 31-34, 4932 48 Street

Apartment For Sale in Rocky Mtn House, Rocky Mountain House

$1,450,000
  • 7,211 Sq. Ft.
  • Built 1977
Welcome to this fantastic investment opportunity in the heart of Rocky Mountain House, Alberta. This well-maintained 12-plex apartment building is fully occupied, offering a stable and reliable income stream for the savvy investor. Located in a desirable neighborhood in Rocky Mountain House, residents enjoy walkable access to local amenities, including schools, parks, shopping, and medical facilities. The low-rise apartment building features 12 units, each thoughtfully designed for comfortable living. There are eleven 2-bedroom suites, and one 1-bedroom suite. All suites have 1 electric fridge and stove/oven. There is a coin operated washer and dryer in the basement for all tenants to use. Each tenant as an assigned off-street parking stall with metered power. The building has had regular interior/exterior maintenance/upgrades, this includes the following: In 2008 rubber membrane roof, upper aluminum siding, all decks resurfaced with new railings installed, west side units the sliding patio doors were replaced with garden doors, in 2015 all exterior windows replaced, 2016 entrance doors replaced. All 12 units have had some renovations, as time permitted between tenants (paint, flooring, lighting, electrical plug, switches etc...) 2010 all units had counter tops replaced in Kitchens and bathrooms, appliances have been replaced as required, all building locks have been replace with a coded master lock system, in 2020 the building intercom and door lock system was upgraded, all hallway and common area lighting upgraded to LED, and lastly plumbing repairs have been completed as required. This property offers a good rate of return with reliable established tenants.
Address 11-14, 21-24, 31-34, 4932 48 Street
List Price $1,450,000
Property Type Multi-Family
Type of Dwelling Apartment
Area Rocky Mountain House
Sub-Area Rocky Mtn House
Floor Area 7,211 Sq. Ft.
Year Built 1977
MLS® Number A2149780
Listing Brokerage RE/MAX real estate central alberta
Postal Code T4T 1R1
Zoning Medium Density Rsidential

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Prestige Commercial Group

Remax Complete Realty

11450 29 St SE #201 Calgary Alberta T2Z 3V5

Office: 403-204-9323

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