Rare Investment Opportunity – Fully Renovated Apartment Building in Rocky Mountain HouseDon’t miss this exceptional opportunity to own a fully tenanted, turn-key apartment building in the heart of Rocky Mountain House with potential to add 2 more stories! With $1 million in high-quality renovations, this 17-unit concrete and stone building is a rare asset—ideal for investors looking for long-term stability and returns. Other notable upgrades: new roof 2015, new windows 2016, new boiler 2020, and both pumps were rebuilt 2025. This professionally managed building features 16 well-designed studio apartments and one spacious one-bedroom unit. The expansive basement, formerly home to 30 underground parking stalls, offers incredible development potential. Whether you envision additional apartment units (subject to town approval), storage lockers, or a tenant recreation space, the possibilities are endless. A small office is already in place for property management or administrative use.Situated on one of the most desirable streets in Rocky Mountain House, the building boasts breathtaking west-facing mountain views, a large paved parking lot, and low-maintenance landscaping. With a concrete and stone exterior, minimal yard work, and close proximity to shopping, dining, and all local amenities, this is truly a prime addition to any investment portfolio. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Amenities Nearby
Schools, Shopping
Community Features
Pets not Allowed
Features
Back lane
Listing Contract Date
2025-06-26
Municipal ID
0012782298
Ownership Type
Freehold
# of Parking Spaces
30
Plan
101AJ
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
Core Commercial
Building
Constructed Date
1975
Construction Style (Attachment)
Attached
Stories Total
1
Total Finished Area
6801 sqft
Type
Apartment
Parking Spaces
Name
Spaces
Other
Land
Total Size
Unknown
Amenities
Schools, Shopping
Fence Type
Not fenced
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