16 16, 2402 Pelican Close Cold Lake, AB T9M 0H3

Excellent investment opportunity. This 16 unit apartment building which comes with a elevator and all the condo documents if you want to sell each unit in the future. The building is sprinklered and each unit has its own furnace and hot water tank, large kitchen, laundry room, 2 bedrooms, full bath (8 with 2pc ensuite bathroom) and balcony. Excellent sound proofing and plenty of parking. The property comes with another parcel of shovel ready land to build another 16 units (Linc #0036318590) and the over size parking lot is completely ready for the next building. Total parking is 37 parking stalls (16 are titled separately). Turn key property with great income. Listing realtor with Coldwell Banker Lifestyle has financial interest in the property. Unit Counts:2 Bedroom/1 Bath: 82 Bedroom/1.5 Bath: 8Ownership Interest: Agent/Seller has InterestReports Available: Building Plans, Condo/Strata Bylaws, Financial Statements, Floor Plans and Blue PrintsSite Services: Cable, Curb&Gutter, Electricity, Natural Gas, Paved Parking, Telephone, Sidewalk, City WaterSite Influences: Corner Site,LandscapedTitle to Land: Fee SimpleRPR Survey Available: YesSeller Rights: YesAppointment Name: Bernard or RyanAppointment Phone: 780-815-0452Paragon Listing ID: E4315023 (id:8860)