Drumheller, AB T0J0Y6,411 11 AVE SE
Drumheller, AB T0J0Y6,411 11 AVE SE
Drumheller, AB T0J0Y6,411 11 AVE SE
8
$1,600,000
$1,630,000
1.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

0.48 Acres Lot

411 11 AVE SE Drumheller, AB T0J0Y6

Est. payment /mo
SOLD DATE : 04/29/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,600,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision North Drumheller

MLS® Listing ID A2092094

Sold Date 04/29/24

Originating Board Lloydminster

Year Built 1978

Annual Tax Amount $13,280

Tax Year 2023

Lot Size 0.483 Acres

Acres 0.48

Property Description

In the heart of the Canadian Badlands lies a great opportunity to acquire two 100% secured rental apartment investments located in the heart of Drumheller; one of Alberta's most sought-after tourist destinations. With new industrial expansion and the installation of high-speed fiber optic internet for the ‘work-from-home' employees, new investment to the development of the community is evident. Excellent mix of 8 one bedroom and 12 two bedroom suites. Many of the suites are upgraded with new laminate flooring, paint and fixtures. Significant opportunity to value-add by way of natural tenant turnover. Income can be increased through scheduled capex initiatives. Please refer to Listing Number A2092076 to acquire an additional 29 suite multi family apartment building in Drumheller. Long time owners and professional management are a strong consideration.

Location

Province AB

County Drumheller

Zoning R-4

Exterior

Utilities Available Cable Available, Electricity Available, Heating Paid For

Roof Type Asphalt Shingle

Total Parking Spaces 22

Others

Restrictions None Known

Tax ID 85338144

Ownership Registered Interest

Read Less


Listed by CDN Global Advisors Ltd.

GET MORE INFORMATION

agent

Sherry Heitzer

Agent

+1(403) 925-4663

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.