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Fully rented, well-maintained/located 20-unit apartment building in Drumheller, Alberta


REIN Member
Dec 17, 2007
This is a fully rented, well-located 20-unit apartment building in Drumheller, Alberta. There are 12 units with two bedrooms and 8 units with one bedroom. This building has tenants who have stayed for several years. The roof was replaced approximately 10 years ago, and a brand-new boiler was installed in July 2017 and has been regularly maintained. Approximately 50% of the units have had updates in the past 5 years. All other units have seen updates to flooring, appliances, patio doors, and basement windows. Each apartment has its own parking space, as well as an electrical outlet. The vacancy rate in Drumheller is extremely low. Take advantage of the good cash flow and book a showing now!



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