780-832-5880

-, 10204 106 Avenue
Grande Prairie (A2038184)

$1,550,000
9,648 ft²
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Interest Rate
Loan Amount
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* Amounts are estimates only. Final payment amounts may vary.

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.

Property details

Basic Info

MLS® #
A2038184
Property Type:
Multi-Family
Subtype:
Apartment
Subdivision:
Avondale
Price
$1,550,000
Sale/Lease:
For Sale
Size:
9,648 sq.ft.
Year Built:
1969 (55 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Building Style:
Multi Level Unit
Garage:
No
Parking:
Paved
Fence:
Basement:
No
Inclusions:
12 stoves , 12 fridges, washer dryer

Lot / Land Info

Lot Size:
0.32 acres
Zoning:
RM

Materials & Systems

Heating:
Boiler, Natural Gas

Listing Info

Possession:
Immediate
Days on Market:
350
Your Realtor
  • Cord Spero

    RE/MAX Grande Prairie
    780-832-5880

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