Property Details

Address: 98 - 4 Avenue, Fox Creek, AB
Status: For Sale
Price: $2,100,000
Price Per Door: $175,000
No. of Units: 12
Cap Rate: 8.68%

Lodge Pole Suites is a twelve suite apartment building located at 98 - 4 Avenue in Fox Creek, Alberta.

It is a three storey, wood-frame construction building with exterior entrances to each suite. It was built in 2006. Parking is surface, paved, and individually metered. Currently each suite has two assigned parking spaces.

All suites are two-bedroom suites. All suites are fully furnished including brand new couches and new 55” TVs. Each suite has their own in-suite washer and dryer. Each suite is individually titled.

The roof was replaced in 2021 and has a 5-year guarantee. In 2021, approximately $130,000 was spent on building upgrades. This apartment was fully leased by Delmac until 2020 to house their employees working on the pipelines and oil-field.

Interested in this Property?

Contact the David G. Parker Team Today