Courtesy of RE/MAX River City.
Data was last updated 2025-01-07 at 01:16:37 GMT
$2,400,000

16 Renault Crescent   St. Albert, Alberta

MLS®: E4302205
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Opportunity to own 8 commercial units separately titled and currently full leased. Newer complex with little to no maintenance required, this property is a complete plug and play investment. All base rents are below market rate with no added management fee in the operating cost. Potential to increase CAP rate very easy over the years. Owner user also possible as front two bays will be vacant as of August 31st, these bays face the road and have the highest exposure.
Opportunity to own 8 commercial units separately titled and currently full leased. Newer complex with little to no maintenance required, this property is a complete plug and play investment. All base rents are below market rate with no added management fee in the operating cost. Potential to increase CAP rate very easy over the years. Owner user also possible as front two bays will be vacant as of August 31st, these bays face the road and have the highest exposure.

Listing Information

Prop. Type:
Other
Status:
Active
City:
St. Albert
MLS® Number:
E4302205
Neighbourhood:
Riel Business Park
Area:
St. Albert
Province:
Alberta
Listing Price:
$2,400,000

General Information

Year Built:
2010

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This property is listed by RE/MAX River City and provided here courtesy of Kyle Rossiter. For more information or to schedule a viewing please contact Kyle Rossiter.
Kyle Rossiter
MaxWell Polaris
Phone: 780-450-6300
Mobile Phone: 780-267-9942
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.