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This is an excellent investment for new or experienced property owners. This building is newly renovated, has a great tenant that looks after the property, an experienced property manager and a maintenance person to help with odd jobs. This is a turn-key property with little to no effort to be put in.
The property is located on the main street of Blairmore, Alberta in the heart of the Crowsnest Pass. This community attracts a variety of outdoor enthusiasts to the southern Rocky Mountains. Visitors come her in the summer to fish and in the winter to ski. The Crowsnest Pass has a growing population thanks to the local mining industry and a variety of other services in the area.
With it only being 2 hours from Calgary, this is an affordable investment property close to major cities but nestled in the heart of the mountains. This area is one of the last undeveloped gems in the mountains that is not part of a National Park. This is a great time to get in on a turn key property that will make you money each month.
Main Street Location
12327 20th Avenue
Blairmore, Alberta
1575+ Square Foot Building
C1 Property Zoning
Additional 550 square at rear of building (Recently renovated by tenant)
Current Tenant:
TIMBER AND TINES OUTDOOR GOODS
Lease $1200.00
Per month plus utilities
Term 3 Years with 4 year option
Annual income $14, 400, 00
Management (10%) (1, 440.00)
Taxes (2, 176.00)
Return before finance charges:
$10, 184.00
For further information and Viewings
Please Contact:
Lowry Toombs
Royal Lepage
South Country Real Estate
13055 20th Avenue
Blairmore, Alberta
Office: 403-562-2848
Cell: 403-563-1222
lowrytoombs@royallepage.ca
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