Canadian Owned and Operated
Serving the Alberta Market
-, 10204 106 Avenue Grande Prairie, Alberta T8V 1k1
9648 sqft
Multi-Level
$1,550,000
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 |
Building
| 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 |
Land
| 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 |
https://www.realtor.ca/real-estate/25454562/-10204-106-avenue-grande-prairie-avondale
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August 25 2023 09:52:07
Grande Prairie & Area Association of REALTORS®
RE/MAX Grande Prairie