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Location
Key Details
$1,200,000.00
Residential Only
1968
Maple Creek
Description
Discover an exceptional investment opportunity with this well-maintained 12-unit apartment building, ideally suited for both seasoned and first-time multifamily investors. The property offers a strong unit mix of four (4) spacious 1-bedroom units and eight (8) comfortable 2-bedroom units, maximizing occupancy potential and wide market appeal. Key Features 12 Total Units 4 × 1-Bedroom / 1-Bathroom 8 × 2-Bedroom / 1-Bathroom On-Site Laundry Convenient in-building laundry facilities, generating additional income and providing extra convenience for tenants. Well-Maintained Property Common areas and mechanical systems are cared for, supporting stable operations and minimizing maintenance concerns. Strong Rental Demand The balanced unit mix appeals to singles, couples, and small families, supporting consistent occupancy. Value-Add Potential Opportunities may exist to update units, enhance amenities, or adjust rents to market rates for increased NOI. Investment Highlights This building delivers a reliable income stream with the potential for future growth. Its practical layout, solid tenant appeal, and desirable amenities make it a compelling long-term hold in any portfolio.
Listing courtesy of Re/max Saskatoon
More Info
City: Maple Creek
Year Built: 1968
Type: Low-rise (3 Floors And Under)
Outdoor: Lawn Front, Partially Fenced, Trees/shrubs
Amenities: None
Elevators: 0
Exterior: Brick
Heating: Hot Water
Appliances: Fridge,stove
Smoke Detectors: Yes
Listed By: Re/max Saskatoon
