Multi-Family Apartment Buildings For Sale Alberta

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Main Photo: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 1: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 2: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 3: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 4: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 5: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 6: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 7: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 8: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 9: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 10: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
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Photo 12: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 13: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
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Photo 15: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 16: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 17: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 18: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
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Photo 20: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 21: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 22: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 23: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 24: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 25: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 26: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Photo 27: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2236222
Build. Type:
Commercial Mix
This RARE SIX-PLEX in HIGH PRAIRIE is the kind of investment that doesn’t come around often!!! FULLY LEASED and generating CONSISTENT INCOME!!! This property offers STRONG CASH FLOW, a SOLID CAP RATE $$$ + the kind of LOW-MAINTENANCE OPERATION every investor wants. Tucked away on a QUIET STREET and near a PEACEFUL GREEN SPACE, the property combines Privacy, Curb Appeal, and LONG-TERM VALUE. The complex includes a total of 6 FULLY SELF-CONTAINED UNITS with a total of 8,324 sq ft: TWO Bungalows, TWO Bi-levels, and TWO Five-level Split Homes - each with their Private ENTRANCE and IN-SUITE Laundry. All units have the SAME INTERIOR Finishing, ensuring a CONSISTENT look and feel throughout the entire property. These VARIED LAYOUTS appeal to a BROAD TENANT BASE and support LONG-TERM OCCUPANCY. In 2024, the entire building was FRESHLY PAINTED, delivering a CLEAN, MODERN Look that enhances the property’s CURB APPEAL. In 2025, a BRAND-NEW ROOF was installed. Additional recent improvements include UPGRADED Patio Doors, NEWER DECKS with PRIVACY WALLS, and all-new CONCRETE PATIOS and SIDEWALKS. The Exterior is finished with a DURABLE and LOW-MAINTENANCE combination of BRICK and VINYL SIDING, while the original WINDOWS remain in good condition. UNITS 2 AND 4 feature NEWER FURNACES, while the remaining units continue to operate with the original Heating Systems. All ELECTRICAL PLUGS + RECEPTACLES have been PROFESSIONALLY UPGRADED and brought UP TO CODE, ensuring SAFETY AND COMPLIANCE. Each unit also includes CURTAINS, BLINDS, and SCREEN DOORS WITH BUILT-IN BLINDS, adding further CONVENIENCE FOR TENANTS. The six units break down for total developed living space is as follows: UNIT 1 is a BUNGALOW with 885 SQ FT, 2 BEDS and 1 BATH. UNIT 2 is a BI-LEVEL SPLIT with 1,087 SQ FT, 3 BEDS and 1.5 BATHS. UNIT 3 is a BI-LEVEL SPLIT with 1,066 SQ FT, 3 BEDS and 1.5 BATHS. UNIT 4 is a FIVE-LEVEL SPLIT with 1,378 SQ FT, 2 BEDS, 1.5 BATHS + DEN and Crawl Space UNIT 5 is a FIVE-LEVEL SPLIT with 1,385 SQ FT, 2 BEDS, 1.5 BATHS.+ DEN and Crawl Space UNIT 6 is a BUNGALOW with 885 SQ FT, 2 BEDS and 1 BATH. This unit is virtually staged. TWELVE DEDICATED PARKING STALLS are included, FOUR OF WHICH ARE COVERED CARPORTS, with ample ADDITIONAL STREET PARKING available. A SHARED GARBAGE BIN is managed for TENANT CONVENIENCE. The location, directly BACKING ONTO GREEN SPACE, provides a QUIET, ATTRACTIVE LIVING ENVIRONMENT that supports TENANT SATISFACTION AND RETENTION. There is also the POTENTIAL TO CONDOMINIUMIZE the property, offering FLEXIBILITY FOR FUTURE RESALE or the option to SELL INDIVIDUAL UNITS. With FULL OCCUPANCY, a STRONG RENTAL TRACK RECORD, RECENT UPGRADES, and a COMPETITIVE CAP RATE, this is a RARE, TURN-KEY INVESTMENT OPPORTUNITY in a STABLE AND GROWING MARKET.
Property Type:
Commercial
Property Sub Type:
Multi Family
Transaction Type:
For Sale
Possession:
Possession Date:
Building Type:
Commercial Mix
Total Building Area:
8,324 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1982 (Age: 43)
Bathrooms:
- (Full:-, Half:-)
Plan:
8720995
Heating:
Forced Air, Natural Gas
Foundation:
See Remarks
Construction Material:
Brick, Concrete, Vinyl Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Cooling:
None
Utilities:
Electricity Connected, Natural Gas Connected, Garbage Collection, Sewer Connected, Water Connected
Garage:
0
Parking Places:
12
Parking Total/Covered:
12 / -
NONE
6 Hood Fans, 6 Refrigerators, 6 Dishwashers, 6 Washers, 6 Dryers, Ceiling Fans, Curtains and Blinds, Four Planters
Utility Right Of Way
Num. of Parcels:
0
Region:
Big Lakes County
Zoning:
R4
Listed Date:
Jul 04, 2025
Days on Mkt:
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    Virtually Staged
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    Virtually Staged
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    Virtually Staged
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    Virtually Staged
  • Photo 16: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
    Unit 6
  • Photo 17: 4405 PLEASANTVIEW Drive: High Prairie Multi Family for sale : MLS®# A2236222
    Virtually Staged
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    Virtually Staged
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    Unit 6
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    Virtually Staged
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Listed by RE/MAX House of Real Estate
Data was last updated July 6, 2025 at 02:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.