4010 49 Avenue Innisfail, AB
$ 1,150,000
Property Attributes
  • ID#A1153468
  • TypeCommercial
  • CityInnisfail
  • Postal Codet4g 1c6
  • Style
  • Price$ 1,150,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10362
Listing Provided Courtesy Of:
Dean Leischner with Soul Property Solutions Ltd.
Data Source:
Property Description

Highpointe Apartments is a 1976, 2.5 story, walk-up, wood-frame construction12 unit apartment complex, located at 4010-49 Ave in Innisfail Alberta.This apartment complex has had a consistently high occupancy rate. The suite mix is 1 - one-bedroom suite and 11 - two-bedroom suites. Substantial renovations and cosmetic changes have been made to 100% of the building in 2013. Due to asbestos remediation, the building's interior was stripped down to the wooden studs, allowing the replacement of all vapor barrier, insulation, vertical/horizontal water lines, and all finishings (from floor to ceiling). At this time, all mechanical systems, piping, and ash fault roof were also replaced.3 years of financials are available, along with all renovation pictures and Phase 1 environmental building and surrounding area report.All foreseeable interior finishings and mechanical had been upgraded, leaving CAPEX dollars allocated to exterior upgrades (if desired).

Exterior Features

Jumpid 16351814


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in t4g 1c6

AVG $1.15M
Year Built
AVG 1976