$3,725,000.00 24,800 Sq.ft

101-105, 201-205, 301-305, 9225 93 Avenue , Grande Prairie. T8V 4G1

Description

Presenting an extraordinary investment prospect in the real estate realm – a multi-family property featuring 20 units under a single title, designed to captivate investors seeking both lucrative returns and contemporary comforts. Each unit, comprising 3 bedrooms and 2 bathrooms, showcases a spacious layout complemented with individual balconies for serene outdoor moments. The open-concept living areas foster inviting interiors, while 15 furnished units ensure convenience for long-term tenants with renewed leases. Adding a dynamic dimension, 3 units are dedicated to Airbnb rentals, tapping into the thriving short-term market. The remaining units are occupied by meticulously chosen tenants, ensuring a stable rental portfolio. Conveniently situated near shopping centers, a new recreational facility, and key city arteries, this property offers the utmost convenience for residents and commuters alike. With a strategic blend of rental types, this property offers a balanced income approach that minimizes risk and maximizes cash flow. Quality long-term tenants and operational Airbnb units guarantee stability, while the prime location bolsters demand and property value. Seize the opportunity to explore this harmonious blend of upscale living and sound investment – schedule a private tour today.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2112004
City:Grande Prairie
Neighbourhood:Smith
Province:Alberta
Building/Unit Size: 24,800 sq.ft
Land Size:0.00 Acre
Listing Price:$3,725,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Multi Family
Transaction Type:For Sale
Land Use Code:RM
Listing Contract Date:2024-04-05

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Grassroots Realty Group Ltd." listing brokerage.

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