$1,950,000

House For Sale In Avondale, Grande Prairie, Alberta

$1,950,000

Property Information:

Opportunities like this don't come around often, so don't miss your chance to own a well-maintained, 24-unit multitenantbuilding in the heart of Grande Prairie. The property has been meticulously maintained over the years, ensuring that investors canacquire a turnkey investment without worrying about significant immediate maintenance expenses. The property consists of 12 two-bedroom units and 12 one-bedroom suites, providing a total of 24 rental units. Grande Prairie boasts a growing rental market, with vacancy rates dropping and rental rates increasing, making this property a must-see for any serious investor. The property includes 29 parking stalls and tenants each pay their own power and gas. The Landlord pays for water and common area expenses. This building presents an attractive investment opportunity for both local and regional investors looking to establish their presence in this thriving city. To book a showing or request more information, please call your local Commercial Realtor®.

Inclusions: n/a

Building Features:

  • Total Finished Area: 20435.00

Property Features:

  • Built in: 1981
  • Floor Space (approx): 20435.00 Square Feet
  • Lot Size: 20037.00 Square Feet
  • Zoning: RM

Courtesy of: RE/MAX Grande Prairie

Data provided by: Grande Prairie & Area Association of REALTORS® 10106 102 St., Grande Prairie, Alberta T8V 2V7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved