The 48-unit apartment complex at 4607/4609 51 Avenue in Whitecourt comprises two three-storey buildings erected in 1981, offering a practical multi-family investment on a single title. The suite mix includes 24 two-bedroom units, 22 one-bedroom units, and two bachelor suites, designed to support stable residential tenancy. Whitecourt benefits from a strong industrial base and established recreation network, making it suitable for long-term rental operations. Recent sales data indicates a single unit transaction since October 2024. Before finalizing a purchase, prospective owners should obtain and review the reserve fund study, financial statements, board or owner meeting minutes, building insurance documentation, and property condition reports to assess the buildings' maintenance status and financial health.