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.
Address |
-, 10204 106 Avenue |
List Price |
$1,550,000 |
Property Type |
Multi-Family |
Type of Dwelling |
Apartment |
Style of Home |
Multi Level Unit |
Area |
Grande Prairie |
Sub-Area |
Avondale |
Floor Area |
9,648 Sq. Ft. |
Lot Size |
13939 Sq. Ft. |
Year Built |
1969 |
MLS® Number |
A2038184 |
Listing Brokerage |
RE/MAX Grande Prairie
|
Postal Code |
T8V 1k1 |
Zoning |
RM |