780-542-4040 RE/MAX Vision Realty

Multi-Family Commercial for Sale

Courtesy of Heather Malin of RE/MAX Vision Realty

Property For Sale In Brazeau

 Multi-Family Commercial for Sale, MLS® # E4198788
  • MLS®#: E4198788
  • Price: $1,056,000
  • Status: Active
  • Year Built: 1993
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Parade View is a 12 unit, 2.5 story walk up apartment on .3 acres in Drayton Valley. The building was built by Fritz Gruber Construction in 1993 with a concrete foundation & wood frame construction. There are ten 2 bedroom units & two 1 bedroom. 8 units have balconies. The asphalt shingles were replaced 2 years ago. The asphalt paved lot has 12 tandem stalls allowing for 2 vehicles per unit with power that's connected to each suite. The coined laundry room is in the basement (2 washers & dryers). The front entry is set up with security intercom system. The exterior has concrete sidewalks & curbing. There is a storage shed for equipment & maintenance items. The utilities are paid by owners with exception of power & telephone. A very well maintained building & the newest one in town with a cap rate of 6%. NOTE:- If looking for more investments, there is a 2001 4plex with separate titles for $575,000 (MLS E4198805), and a 2003 side x side duplex with legal basement suites for $525,000 (MLS E4198826)

Contact Heather Malin About MLS® E4198788

Required Field

Heather Malin, 780-621-8001 at RE/MAX Vision Realty, 5115 - 50th St (Box 6484), Drayton Valley, Alberta, T7A 1R9

property information

  • Property Type: Multi-Family Commercial
  • MLS®#: E4198788
  • Year Built: 1993

Community Information

  • Neighbourhood: None
  • City: Brazeau
  • Postal Code: T7A 1J3


  • Exterior Features: Corner Site, Shopping Nearby, Low Maintenance Landscape


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