5701,5703 Evergreen Drive High Prairie, AB T0G 1E0
Listing Courtesy of: PILLAR 9 - IDX / Listed By: Grassroots Realty Group High Prairie

  5701,5703 Evergreen Drive High Prairie, AB T0G 1E0

Active (38 Days)
$1,900,000 (CAD)

Description

Presenting a rare and powerful multi-family investment opportunity in High Prairie, Alberta: a 12-door portfolio available for the incredible price of just $1,900,000. This offering includes two fourplexes and two side-by-side duplexes, all built in 2007, providing a modern, low-maintenance foundation for steady returns. The fourplexes are comprised of spacious three-bedroom, two-bathroom units on both the upper and lower levels, making them highly attractive to families and long-term renters alike. The duplexes offer immediate living space on the main floor and come with unfinished basements that already feature separate entrances, presenting a tremendous value-add opportunity to finish and convert them into two additional suites—potentially expanding the entire portfolio from 12 to 14 revenue-generating doors. Currently, all units are tenanted with the exception of one, which is vacant and awaiting repairs, offering a new owner the chance to renovate and lease it at current market rates. With substantial existing cash flow, built-in appreciation potential, and an unbeatable price per door, this portfolio is a must-see for serious investors. Contact us today for a full rent roll or to schedule a private viewing.

MLS®:
A2328419
Type
Multifamily
Year Built
2007
County
Big Lakes County

Listed By

Misty Gaudet, Grassroots Realty Group High Prairie
Source
PILLAR 9 - IDX
Last checked Aug 28 2026 at 7:24 AM EDT
Bathroom Details
Interior Features
  • Appliances : Refrigerator
  • Appliances : Washer/Dryer
  • Appliances : Electric Range
Subdivision
  • None
Property Features
  • Fireplace: Total Fireplace(s) : 0
Exterior Features
  • Roof: Asphalt Shingle
Parking
  • Parking Space(s) : 4
Living Area
  • 9,896 sqft
Powered by Walk Score®
Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.