Courtesy Of Gary Mah Of Exp Realty

4420 Pleasantview Dr, High Prairie


Great investment with a HIGH 6.74% Cap Rate!! Green Acres is a 33 Suite apartment building located at 4420 Pleasantview Drive, High Prairie, Alberta. This 2.5 story walk-up, wood frame construction with balconies/patios has an excellent suite mix of 22 one bedroom suites and 11 two bedroom suites. The building is in excellent shape with newer shingles, 2 newer hot water tanks, LED lighting throughout common and exterior, newer heating control zone valves and shut off valves in each suite, 14 energized covered parking spots, plenty of surface parking for tenants (energized) and visitors, plus coin-op washer and dryers (owned). Zero vacancies and operates at 100% occupancy with fantastic tenants in a quiet building. Room to increase rents with tenant waiting list. Many suites have been updated. High Prairie is an economic hub with 2 large lumber mills, new Hospital, new Northern Lakes College campus, Tim Hortons, Dairy Queen, farming, scrap metal facility and tourism. See REALTOR'S website for more details.

Listing Details

Courtesy Of Gary Mah Of Exp Realty

Essential Information
MLS® #E4311283
Square Footage43,560
Year Built1982
TypeMulti-Family Commercial
Community Information
Address4420 Pleasantview Dr
AreaBig Lakes
SubdivisionHigh Prairie
CityHigh Prairie
Postal CodeT0G 1E0
Parking Spaces33

Paved Lot, Corner Site, Landscaped

# of Stories3
ConstructionWood Frame
Additional Information

Listing information last updated on October 3rd, 2023 at 8:16am MDT.

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