$5,600,000.00 0.00 acre

607 and 609 Kaybob Drive, Fox Creek. T0H 1P0

Description

This is a newer 24-suite 2-building property built in 2017, and each suite is well-maintained, fully furnished and ready to lease. With a very low vacancy rate due to the new developments opening up in Fox Creek area for the Duvernay, these suites are very popular with our management and supervisory personel. Each unit is self-contained, has a furnace, hot water heater and is approximately 796 square feet of living space which includes a kitchen, open dining area, living room, two bedrooms, a 4-piece bathroom and a laundry room, which also houses the utility access. This also includes a 33.3 gallon hot water tank as well as a forced air furnace. Each suite measures 22 feet by 38 feet, less the 4x10 foot balcony, and each floor has a 12 foot by 50 foot common hallway, with elevator, two stairwells and foyer/landings at each level. The exterior windows are all double glaze units in PVC frames that have sliders with screens. Each structure is set upon metal screw-in pilings that are set to Engineer's specifications. Slab gravel floor set at about two feet below grade level. This area is accessed via a trap door located in the main floor central hallway. The improvements structural component is wood frame. More specifically, the walls are 2x6 inch wood studs set on 12 inch centre. The roof structure is a wood truss system on a 5:12 pitch and set on 16 inch centre. The trusses are covered with plywood sheathing that is in turn covered with asphalt shingles. This property is situated along Kaybob Drive, so it's easy access for tenants coming home after work. It's also very close to the new $8.1MIL Fox Creek Greenview Multiplex located a few blocks away, with a swimming pool, NHL sized hockey ice surface, a lounge with a great menu, a library, the fieldhouse and a fitness center. Excellent revenue from this 2017 property with everything needed to lease long-term or month-to-month. Financials provided to approved and serious buyers only. SHOWINGS by appointment only and with full 24 hour notice. Suites are leased and tenants are in place, so notice is required.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A1195229
City:Fox Creek
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 11,484 sq.ft
Land Size:0.00 Acre
Listing Price:$5,600,000.00
Listing Price Arce:$0 per Acre
Business Type:
Property Subtype:Multi Family
Transaction Type:For Sale
Land Use Code:R3
Listing Contract Date:2022-04-18

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX ADVANTAGE (WHITECOURT)" listing brokerage.

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