01 / Property Detail
NORTH LLOYDMINSTER
1-6, 5502 49 Avenue , Lloydminster, AB
$679,777
Multi-Family · MLS® A22738383,648Sq Ft
6Garage
1975Year Built
02 / Overview
PROPERTY OVERVIEW
Solid investment opportunity in Lloydminster. This well-maintained 6 suite apartment building offers stable rental income with long-term tenants in place. Interior photos and iGUIDE floor plan shown are representative of one unit only. Property includes assigned parking and on-site laundry. Information believed reliable but should be independently verified.
03 / Details
PROPERTY DETAILS
Property TypeMulti-Family
Building TypeLow Rise (2-4 stories)
Storeys2
Total Finished Area3,648 sq ft
ZoningR4
HeatingBoiler • Hot Water
Parking6 Car Garage
Year Built1975
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$3,372After mortgage & expenses
Cap Rate10.4%Based on market rents
Cash on Cash Return29.8%With 20% down payment
Est. Monthly Rent$6,384Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
NORTH LLOYDMINSTER
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Chris Hassall · CENTURY 21 DRIVE