Sandy Pon and Associates

Cell 1-780-710-7101 | EMAIL info@sandypon.com |

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  • 5027 Industrial Road: Drayton Valley Multi-Family (Commercial) for sale : MLS(r) # E4041313

    Main Photo: 5027 Industrial Road: Drayton Valley Multi-Family (Commercial) for sale : MLS(r) # E4041313
    $529,900
    Multi-Family (Commercial)
    Status:
    Active
    MLS® Num:
    E4041313
    Build. Type:
    Freestanding
    9.4% cap rate in the heart of Drayton Valley's Central Business District. This well operated 18 unit low rise was converted from a multi unit retail building. The half acre lot is zoned C-1 providing land for pedestrian-oriented commercial land uses in the downtown core. Renovations include new roof, fire system and upgrades to common areas and units. Good tenant profile on fixed term leases with security deposits in place. The property manager is local and hands on allowing owner to live out of town. Tremendous opportunity to enter the investment market, redevelop or keep this historically solid investment as is. Vendor may carry. More details
    SANDY PON
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Listing information last updated on June 27, 2017