$1,550,000.00 0 Sq.ft

-, 10204 106 Avenue , Grande Prairie. T8V 1k1

Description

Attention Investors! This is a rare opportunity to acquire a well-maintained twelve-unit multi-family apartment building situated in the heart of Grande Prairie. The building enjoys a central location and boasts long-term tenants, making it a sound investment. The property offers convenient amenities such as coin-operated washer and dryer units and a new boiler system, providing additional value for tenants. The building is also conveniently located near schools and Muskoseepi Park. With a range of rental rates from $850 for a 1-bed unit to $1,250 for a 2-bed unit, the property generates a total gross income of $13,400 per month. The owner has self-managed the property, ensuring it is well-cared for and individual units have been updated as necessary. This property rarely has vacancies, making it a secure long-term investment opportunity. Call your Commercial Realtor© for more information or to book a showing today.

Listing Information

Prop. Type:Multi-Family
Status:Active
MLS #:A2038184
City:Grande Prairie
Neighbourhood:Avondale
Province:Alberta
Building/Unit Size: 0 sq.ft
Land Size:0.32 Acre
Listing Price:$1,550,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Apartment
Transaction Type:For Sale
Land Use Code:RM
Listing Contract Date:2023-04-06

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX Grande Prairie" listing brokerage.

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