Clark Place Multi Family ($17,000 Per Unit) Kindersley, Saskatchewan S0L 0E2

$1,610,000

Exciting Multi-Family Opportunity in Kindersley, SK! Here are 19 well-appointed multi-family lots zoned R3 in the vibrant town of Kindersley, SK. These lots are primed for the development of either 4 plex's or 5 plex's, with detailed plans available upon request. Opting for 4 plex's grants 76 units at an attractive per unit cost of $21,250, while opting for 5 plex's yields a total of 95 units at a per unit cost of $17,000. Nestled within a bare land condo corporation, these lots offer an opportunity for investors to build and sell individual units or hold onto a long-term investment. The demand for rental properties in the area combined with town council support for development make this an attractive prospect, (contact agent for letter from Mayor outlining his support). Situated in the picturesque Brookhollow Estates, this fully serviced development boasts parks, open spaces, and proximity to the serene Motherwell Reservoir and walking trails. The town has recently brought in sand and made a beach, providing leisure and relaxation for residents. Infrastructure includes storm sewer, domestic sewer, water, sidewalks, curbs and gutters, paved streets, street lights, gas and electric services. Build with ease as builders can secure permits swiftly and take advantage of a 3-year property tax abatement. Kindersley's strategic location amidst fertile agricultural lands and a flourishing oil and gas industry offers a wealth of local amenities, including an airport, hospital, and this development is located ½ mile south of Walmart. Kindersley is a pivotal transport route between Calgary and Saskatoon. Recent investments in hotel infrastructure underscore the town's growth potential, with a trading population exceeding 40,000 people in the surrounding area. Kindersley is the largest center in west central Saskatchewan. Contact sales agent for more detailed information. (id:27989)

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https://www.realtor.ca/real-estate/27315960/clark-place-multi-family-17000-per-unit-kindersley