16 UNITS, FULLY OCCUPIED WITH LEASES SET IN PLACE TO PRODUCE ROUGHLY $290,000 IN INCOME FOR 2024. Searching for a TURN KEY revenue property with a reliable income and FULL occupancy? Look no further, this new construction multifamily property is just what you need. Built by a trusted local builder, these two buildings house 16 luxurious suites with fabulous views of the creek, park and countryside. Just steps from the walking / biking path, golf course, park, tennis courts and track, the units offer superb rentability with a combination of location, layout and stylish finishings placed on a generous 1.34 acre lot. Each unit features an open concept layout, updated stainless steel appliances, granite countertops, in suite laundry, 2 bedrooms and an office, 2 full bathrooms including a master bedroom ensuite as well as a private balcony. The exterior is finished with vinyl low maintenance siding and the crawl space is concrete/ICF block construction for ultimate energy efficiency. The buildings are heated by an efficient boiler system offering soothing radiant heat and are still covered by up to 9 years of New Home Warranty plans. This attractive investment offers a 7% Cap Rate along with no interior common space to maintain. Contact your Real Estate agent today for more information or to book your personal viewing.
Listing Area:
Swift Current
Listing Subarea:
South East SC
Property Type:
Multi-Family
Property Sub Type:
Residential Only
Building Type:
Low-Rise (3 floors and under)
Num Storeys:
2
Year built:
2018
(Age: 7)
Taxes:
$33,079 /
2024
Ownership Title:
Freehold
Number of Elevators:
0
Smoke Detector:
Yes
Sprinkler system:
No
Heating:
Hot Water, Natural Gas
Floor finish:
Wood
Construction:
ICF Block
Exterior Finish:
Vinyl
Other (See REALTOR Remarks), Storage, Visitor Parking
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