21 - 2689 Southview Drive Se

This 21-unit low-rise apartment complex at 2689 Southview Drive SE in the Southview-Park Meadows neighbourhood was built in 1975 and comprises eleven 2-bedroom and ten 1-bedroom units. The building is conveniently situated near Medicine Hat Mall, restaurants, and shopping amenities. Recent capital work has included parking lot resurfacing and replacement of the boiler and hot water system. Recent sales have averaged around $2,485,000. Before finalizing any investment, buyers should retain a professional to review the reserve fund study, financial statements, board minutes, bylaws, and insurance documentation to understand the building's financial health and long-term capital needs.