101-105, 201-205, 301-305, 9225 93 Avenue, Grande Prairie, Alberta T8V 4G1 (26713777)
101-105, 201-205, 301-305, 9225 93 Avenue Grande Prairie, Alberta T8V 4G1
$3,725,000
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. (id:36938)
Property Details
| MLS® Number | A2112004 |
| Property Type | Multi-family |
| Community Name | Smith |
| Plan | 1225047 |
| Total Buildings | 4 |
Building
| Constructed Date | 2013 |
| Size Exterior | 24800 Sqft |
| Size Interior | 24800 Sqft |
| Total Finished Area | 24800 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | Rm |
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April 05 2024 08:51:32
Grande Prairie & Area Association of REALTORS®
Grassroots Realty Group Ltd.