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Royal LePage
Royal LePage
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$1,200,000

Maple Creek SK, S0N 1N0

MLS® # SK024431

Property Information:

Discover an exceptional investment opportunity with this well-maintained 12-unit apartment building, ideally suited for both seasoned and first-time multifamily investors. The property offers a strong unit mix of four (4) spacious 1-bedroom units and eight (8) comfortable 2-bedroom units, maximizing occupancy potential and wide market appeal. Key Features 12 Total Units 4 × 1-Bedroom / 1-Bathroom 8 × 2-Bedroom / 1-Bathroom On-Site Laundry Convenient in-building laundry facilities, generating additional income and providing extra convenience for tenants. Well-Maintained Property Common areas and mechanical systems are cared for, supporting stable operations and minimizing maintenance concerns. Strong Rental Demand The balanced unit mix appeals to singles, couples, and small families, supporting consistent occupancy. Value-Add Potential Opportunities may exist to update units, enhance amenities, or adjust rents to market rates for increased NOI. Investment Highlights This building delivers a reliable income stream with the potential for future growth. Its practical layout, solid tenant appeal, and desirable amenities make it a compelling long-term hold in any portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Amenities: Shopping Area
  • Architectural Style:
  • Heating Type:
  • Appliances: Refrigerator, Stove

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1968
  • Community Features: Pets Allowed With Restrictions
  • Features: Treed
  • Fence Type: Partially fenced
  • Irregular: Yes
  • Landscape Features: Lawn
  • Lot Frontage: 100.0 Feet
  • Lot Size: 100x140

Courtesy of: RE/MAX Saskatoon

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 15 4th AVENUE, Maple Creek, Saskatchewan, S0N 1N0

Demographic Information of 15 4th AVENUE, Maple Creek, Saskatchewan, S0N 1N0

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$103,638.89

Average Number of Children

1.99

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.24 %

High school certificate or equivalent

36.29 %

Apprenticeship trade certificate/diploma

14.16 %

College/non-university certificate

19.7 %

University Degree

5.61 %

Commuter

Travel To Work

By Car

86.16 %

By Public Transit

0.0 %

By Walking

9.34 %

By Bicycle

0.3 %

By Other Methods

4.2 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.75 %

Houses

83.25 %

Own Vs. Rent

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