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MLS®#: A1137825 $23,000,000 164 3 Avenue McLennan AB T0G 1E0
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Description: AUCTION Bid deadline September 30. Recession proof investment. This modern assisted living seniors project comes complete with government contracts. 57 of the 71 beds are funded by the Alberta government. With a current 7.5% cap rate this investment and security is hard to beat. More information available upon completion of a NDA.
Property Type:
COMMERCIAL
Property Sub-Type:
Multi Family
Area:
Smoky River No. 130, M.D. of
Year Built:
2007
Age:
14
Garage/Parking:
0
Subdivision:
NONE
Acres:
5.1600
Lot Square Feet:
224770.00
Heat:
Boiler;Geothermal;Natural Gas;
Marketing Name:
Manoir Du Lac
Zoning:
C-1 & DC
Ownership:
Fee Simple
Listing Provided By:
RE/MAX COMPLETE REALTY
RE/MAX Mountain View