A well-established and lovingly maintained residential property sitting in one of
Grande Prairie's most sought-after rental corridors. This 3-level multifamily
building has been carefully managed throughout its ownership; typically
running at full occupancy, a testament to its quality, location, and the strength
of Grande Prairie's rental market.
Solid construction provides exceptional durability and quiet, comfortable living.
Every above-grade unit features a private balcony. The building includes 12
dedicated parking stalls (one per unit), spacious floor plans, and a common
coin-op laundry room. Recent capital improvements include roof replacement
in 2014, boiler system replacement in 2012. Regular boiler maintenance and roof was repaired recently. Selling at a great return rate with room to increase revenue to market rates. CMHC mortgage to be assumed, 5 units are rent controlled.
Address
10204 106 Avenue
List Price
$1,599,999
Property Type
Commercial
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Grande Prairie
Sub-Area
Avondale
Year Built
1969
MLS® Number
A2293861
Listing Brokerage
KPLI Real Estate Corporation
Postal Code
T8V 1K1
Zoning
RM