Back to Buildings Map

320075 Range Road 240, Rural Kneehill County, AB T0M 1A0

Year Built
1947
Building Type
Apartment condo

Market Overview

Avg Sold Price
$300,000
Median Sold
$300,000
Price Range
$300,000 – $300,000
Avg $/SqFt
$89.055
Sales (2yr)
1
Avg Days on Market
178

Last sale: Jul 11, 2026

Building Features

ExteriorWood Frame,Wood Siding
Building TypeApartment condo
Year Built1947

Policies

Rental PolicyAll units currently rented on one-year leases; income-producing property.

About This Building

This four-plex at 320075 Range Road 240 in Rural Kneehill County near Three Hills offers a unique opportunity to own residential real estate on four acres. Built in 1947 and converted to four units—two main-floor, one upper-level, and one basement—the property combines rural acreage with proximity to town amenities, schools, and services. Current asking price is around $300,000, with all units occupied under one-year leases generating steady rental income. The extra land presents potential for secondary revenue through RV storage, horse boarding, or similar uses. Prospective buyers should obtain professional condo document review, including any reserve fund information, financial statements, lease agreements, and title documentation, to ensure full transparency before firming the purchase.

Premium reviews are completed within 24 hours of having all required condo documents. General information, not legal advice.

The information provided on this website is for general reference only and should be independently verified. CondoShield does not guarantee the accuracy or completeness of any data, listings, or building details. Always consult official sources and qualified professionals before making real estate decisions.