For Sale: 5701,5703 Evergreen Drive, High Prairie, AB - REW
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$1,900,000
0 bd • ba • 9896 sf • Fourplex
5701,5703 Evergreen Drive
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$1,900,000
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5701,5703 Evergreen DriveHigh Prairie, AB, T0G 1E0

  • 0 Bed
  • Bath
  • 9896 Sqft
  • Fourplex

About this home

Presenting a rare and powerful multi-family investment opportunity in High Prairie, Alberta: a 12-door portfolio available for the incredible price of just $1,900,000. This offering includes two fourplexes and two side-by-side duplexes, all built in 2007, providing a modern, low-maintenance foundation for steady returns. The fourplexes are comprised of spacious three-bedroom, two-bathroom units on both the upper and lower levels, making them highly attractive to families and long-term renters alike. The duplexes offer immediate living space on the main floor and come with unfinished basements that already feature separate entrances, presenting a tremendous value-add opportunity to finish and convert them into two additional suites—potentially expanding the entire portfolio from 12 to 14 revenue-generating doors. Currently, all units are tenanted with the exception of one, which is vacant and awaiting repairs, offering a new owner the chance to renovate and lease it at current market rates. With substantial existing cash flow, built-in appreciation potential, and an unbeatable price per door, this portfolio is a must-see for serious investors. Contact us today for a full rent roll or to schedule a private viewing.
Listed by: Misty Gaudet, Grassroots Realty Group - High Prairie

Home facts and features

Price details
List Price
$1,900,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Fourplex
Year Built
Built in 2007 (19 yrs old)
Appliances
Electric Range, Refrigerator, Washer/Dryer
Agent details
Primary Agent
Primary Broker
Grassroots Realty Group - High Prairie
Listing details
Days on REW
1 Day
MLS® Number
A2328419
Source
Pillar 9
Board
Grande Prairie & Area Association of REALTORS®
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Property Insights

Prairie View Outreach School
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High Prairie Elementary School
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Hillview School
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St. Francis Holistic Learning Centre
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St. Andrew's School
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E. W. Pratt High School
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Prairie River Junior High School
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Call Agent
Misty Gaudet
Phone:
(780) 523-0186
Office:
780-523-0186
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