Lacombe, AB T4L 0J7,61 Mackenzie Ranch WAY
Lacombe, AB T4L 0J7,61 Mackenzie Ranch WAY
Lacombe, AB T4L 0J7,61 Mackenzie Ranch WAY
Lacombe, AB T4L 0J7,61 Mackenzie Ranch WAY
Lacombe, AB T4L 0J7,61 Mackenzie Ranch WAY
Lacombe, AB T4L 0J7,61 Mackenzie Ranch WAY
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$8,200,000

$8,600,000

4.7%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 05/01/2024

Key Details

Sold Price $8,200,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Mackenzie Ranch

MLS® Listing ID A2013581

Sold Date 05/01/24

Originating Board Central Alberta

Year Built 2017

Annual Tax Amount $55,823

Tax Year 2022

Property Description

FULLY rented 40 suite apartment building located in the highly desirable City of Lacombe. This gorgeous property has a great suite mix with 37 2-bedroom suites and 3-1 bedroom 1-bathroom suites with elevator access. Built in 2018, this building is in excellent condition and rents very quickly if any vacancies arise. The modern flair of the building and suite interiors, along with spacious decks and living area, make this building a high demand rental property. Each suite has its own stove, fridge, dishwasher, OTR microwave and stacking washer/dryer. Each suite has its own cooling and heating system. Tenants pay their bill. There are 40 energized parking stalls, visitor parking and a few extra if need be. There is also off street parking. The roof is low slope with asphalt shingles. 81 Mackenzie Ranch Way is also for sale (sister building) MLS# A2014130, and can be purchased together with 61 Mackenzie Ranch Way if desired. This building has a CMHC mortgage in place with a low interest rate that must be assumed with qualified purchaser. DETAILS- Mortgage balance: $5144982.00, Interest rate: 3.26%, Amortization: 30 years, Term: 10 years, Maturity date: 2028/12/01, Payment: $28540.26 P.I.T. (Photos show both 61 & 81 Mackenzie Court)

Location

Province AB

County Lacombe

Zoning R5

Interior

Cooling Full

Exterior

Roof Type Asphalt Shingle

Building

Foundation Poured Concrete

Structure Type Mixed

Others

Restrictions None Known

Tax ID 64756848

Ownership Private

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Listed by RCR - Royal Carpet Realty Ltd.

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Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS & TESTIMONIALS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter

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