164 3 Avenue, McLennan

$23,000,000

0 Bed
0 Bath
5 Acres
0 Garage

AUCTION Bid deadline September 30. Recession proof investment. This modern assisted living seniors project comes complete with government contracts. 57 of the 71 beds are funded by the Alberta government. With a current 7.5% cap rate this investment and security is hard to beat.
More information available upon completion of a NDA.

Essential Information
MLS® #A1137825
Price$23,000,000
Bathrooms0.00
Acres5.00
Year Built2007
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address164 3 Avenue
SubdivisionNONE
CityMcLennan
CountySmoky River No. 130, M.D. of
ProvinceAlberta
Postal CodeT0G 1E0
Amenities
Parking Spaces40
Heating

Natural Gas, Boiler, Geothermal

Lot Description

Backs on to Park/Green Space, Landscaped, Level, Wetlands

Additional Information
Date ListedAugust 6th, 2021
Days on Market43
ZoningC-1 & DC
Listing Details
OfficeRE/MAX COMPLETE REALTY
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Listing information last updated on September 23rd, 2021 at 9:00am MDT.