-, 10204 106 Avenue Grande Prairie, Alberta T8V 1k1

9648 sqft


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 $1,150 for a 2-bed unit, the property generates a total gross rental income of $11,950 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. (id:55121)

Property Details

MLS® Number A2038184
Property Type Multi-family
Neigbourhood South Avondale
Community Name Avondale
Parking Space Total 15
Plan 1061ae


Architectural Style Multi-level
Constructed Date 1969
Construction Style Attachment Attached
Heating Fuel Natural Gas
Stories Total 3
Size Interior 9648 Sqft
Total Finished Area 9648 Sqft
Type Apartment


Acreage No
Size Irregular 0.32
Size Total 0.32 Ac|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Size Total Text 0.32 Ac|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Zoning Description Rm