21 Suite Apartment – For Sale

4612 - 38 Ave Close Ponoka, AB, T4J 1T1

Great opportunity to own an apartment building in the growing town of Ponoka. This apartment is currently 100% occupied and consists of 21 units ( 3 – Bachelor Units, 8 – 1 Bedroom Units and 10 – 2 Bedroom Units).

Building and Land Info:

  • Built in 1978
  • Updated Appliances in All Suites
  • New paint/carpet and/or laminate in most units over the last few years.
  • New paint and carpet throughout the common areas.
  • New Roof over Entryways
  • Coin Operated Laundry ( 2 Washers, 2 Dryers) (Currently not utilized as income generator, but did generate around $4,200.00/year previously)
  • Secure Entrances (Buzzer System)
  • New Hot Water Tank (2015) , New LED lights in All Hallways
  • 27 Parking Stalls, 23 of Which Are Energized
  • Overlooks Natural Reserve Land
  • Located in Quiet Cull De Sac Steps Away From Rotary Park & Ponoka Golf Club

NOI: 122,367.73

See Brochure for more info.

 

 

Property Downloads

New Price

  • Price:$1,735,000.00
  • Listing Type:Sale - Building
  • Property Type:Investment
  • Listing #: LLDM - CA0154732-19496
  • Zoned for:R-4
  • Community: Ponoka County
  • Legal Description: Lot 13-15 Block 30 Plan 1682MC
  • Available Space: 19100 sq ft

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