.jpg)
Lea Alexander
- Sterling Real Estate
PO Box 355, Fallis, Alberta
PO Box 355, Fallis, Alberta
Listing Details
For more information on this listing or other please contact me.
Courtesy of Coldwell Banker Lifestyle.
Data was last updated 2025-06-25 at 20:18:11 GMT
Introducing Northview Apartments, a prime investment opportunity nestled in the heart of Cold Lake, Alberta. This well-maintained 23-unit apartment complex offers a diverse suite mix catering to various tenant needs, including bachelor, one, two, and three-bedroom units. Built in 1981 on a spacious lot spanning 32,100 SF, the property boasts a favourable zoning designation of R4, ensuring flexibility for future development or expansion. With an attractive list price of under $100,000 per door, Northview Apartments presents investors with the potential to achieve a robust CAP rate exceeding 7.5%. Cold Lake boasts a strong economy driven by thriving industries such as oil and gas and the presence of Canadian Forces Base Cold Lake further solidifies rental demand, offering investors a reliable stream of income. With its affordable property prices compared to larger urban centers, Northview Apartments presents an enticing investment opportunity.
Listing Information
- Prop. Type:
- Other
- Status:
- Active
- City:
- Cold Lake
- MLS® Number:
- E4392297
- Neighbourhood:
- Cold Lake North
- Area:
- Cold Lake
- Province:
- Alberta
- Listing Price:
- $2,200,000
General Information
- Year Built:
- 1981
VIP-Only Information
- Sign-Up or Log-in to view full listing details:
- Sign-Up / Log In
This property is listed by Coldwell Banker Lifestyle and provided here courtesy of
Lea Alexander .
For more information or to schedule a viewing please contact Lea Alexander .
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
