Thanks for viewing this Preferred Property below. If you have any questions or would like to schedule a viewing, please feel free to call our office at 780-701-2626 and ask for Anu Khullar or John Carter. Toll free is 1-877-417-2626 or email by clicking on the envelope logo on the left of the photos on the listing.
The perfect Investment with an above 7% cap rate. Income is $45,420 per year. Expenses are $14,536 per year. Net income is $30,883 per year. 14 Unit storage units measuring 10' x 20' all with single garage overhead doors. In addition more space to rent out to some trailers. And even more, there is an over 1400 sq ft raised bungalow home with a main floor 3 bedroom rental suite and 2 bedroom basement suite. Rental increases have not been given in several years so there is room to increase the income. Potential opportunity to expand this already completely full storage facility. Ability to expand the rental units to 28 units by adding 14 - 10x10 units. The property has 2 lots, one is zoned commercially and the other is zoned residentially.
This property is listed by RE/MAX Real Estate and provided here courtesy of
Anu Khullar.
For more information or to schedule a viewing please contact Anu Khullar.