Realty Executives Alberta Elite

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4801 Parkwood Road
Blackfalds Alberta T4M 0P2 Canada

$6,900,000real estate property listed by Realty Executives real estate property listing

Active Listing ID A2075611
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Built in 2018
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Lot: 0.76 acre
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Multi Family

$6,900,000real estate property listed by Realty Executives real estate property listing

Active Listing ID A2075611

4801 Parkwood Road INVESTMENT OPPORTUNITY! Blackfalds, AB - 27 Unit Luxury Apartment Building FULLY RENTED! - ALL 2 Bedroom 2 Full Bathroom Luxury Suites. This Building was completed in 2018 and has a lot of extras. Each unit has upgraded stainless steel appliances and comes with a stacking washer and dryer and kitchen exhaust system. All units heated and cooled by a water source heat pump system. All units have balconies with BBQ gas lines. Each unit comes with a heated underground stall with extra energized parking outside. Total parking available is 31 heated underground stalls and 21 energized outside stalls. The building itself has a full sprinkler system, elevator, gym on the 3rd floor, extra storage throughout building. There is a retention pond to the south of the building, which in the winter is turned into a skating rink. Amazing Location, Amazing Opportunity! Excellent CAP for this new of a building! Gross Annual Income is $464, 160...

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Property Features

  • Facts
  • Built in: 2018
  • Lot Size: 0.76 acre
  • Property Type: Commercial
  • Property Sub-type: Multi Family
  • Features
  • Roof Type: Asphalt Shingle
  • Heating Systems: Boiler, Hot Water, Natural Gas


  • Class Description: Listing
  • Additional Parcels YN: 0
  • Association YN: 0
  • Building Area Total: 34350.00
  • Building Area Total Metres: 3191.19
  • Building Area Total SF: 34350.00
  • Building Name: Parkwood Manor
  • Business YN: 0
  • City: Blackfalds
  • CONDOTYPE: Not a Condo
  • Construction Materials: Concrete, Silent Floor Joists, Stone, Veneer, Wood Frame
  • Cooling: Full
  • County Or Parish: Lacombe County
  • Days On Market: 0
  • DOM Date: 2023-08-23T16:11:52.200
  • Ensuite YN: 0
  • Foundation Details: Poured Concrete
  • Frontage Length: 82.29M 270`0"
  • Garage YN: 0
  • Heating: Boiler, Hot Water, Natural Gas
  • Inclusions: 27 Fridges, 27 Stoves, 27 Built-in Dishwashers, 27 Built-in Microwave Hood Fans, 27 Stacking Washer and Dryers, 27 Window Coverings, Maintenance Items to be determined, Gym Equipment, Office Furniture, Lobby and Hallway Furniture
  • Latitude: 52.37675300
  • List Agent Full Name: Cindy Price
  • Listing Id: A2075611
  • List Office Name: Realty Executives Alberta Elite
  • List Price: 6900000.00
  • Longitude: -113.79163600
  • Lot Features: See Remarks
  • Lot Size Acres: 0.76
  • Lot Size Dimensions: 270'x220'x145'x200
  • Lot Size Square Feet: 33105
  • Main Level Finished Area Units: SquareFeet
  • Mls Status: Active
  • Parking Energized: 21
  • Parking Total: 52
  • Postal Code: T4M 0P2
  • Property Sub Type: Multi Family
  • Property Type: Commercial
  • Restrictions: None Known
  • Roof: Asphalt Shingle
  • Standard Status: Active
  • State Or Province: Alberta
  • Street Name: Parkwood
  • Street Number: 4801
  • Street Suffix: Road
  • Structure Type: Low Rise (2-4 stories)
  • Subdivision Name: Panorama Estates
  • Upper Level Finished Area Units: SquareFeet
  • Year Built: 2018
  • Zoning: R-2
Listing Changed: 8/23/2023 4:15:04 PM GMT
Source Updated Date: 9/24/2023 2:14:41 AM GMT

Courtesy of: Cindy Price, Realty Executives Alberta Elite, 403-302-2353

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