Grande Prairie, AB T8V 1J7,10030 106 AVE ##
Grande Prairie, AB T8V 1J7,10030 106 AVE ##
Grande Prairie, AB T8V 1J7,10030 106 AVE ##
Grande Prairie, AB T8V 1J7,10030 106 AVE ##
Grande Prairie, AB T8V 1J7,10030 106 AVE ##
Grande Prairie, AB T8V 1J7,10030 106 AVE ##
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$1,995,000

$1,950,000

2.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

20,435 SqFt


SOLD DATE : 08/02/2024

Key Details

Sold Price $1,995,000

Property Type Multi-Family

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 20,435 sqft

Price per Sqft $97

Subdivision Avondale

MLS® Listing ID A2145057

Sold Date 08/02/24

Originating Board Grande Prairie

Year Built 1981

Annual Tax Amount $30,074

Tax Year 2024

Lot Size 0.460 Acres

Acres 0.46

Property Description

Opportunities like this don't come around often, so don't miss your chance to own a well-maintained, 24-unit multitenant
building in the heart of Grande Prairie. The property has been meticulously maintained over the years, ensuring that investors can
acquire 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®.

Location

Province AB

County Grande Prairie

Zoning RM

Exterior

Total Parking Spaces 30

Building

Story 3

Others

Restrictions None Known

Tax ID 91977901

Ownership Other

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Listed by RE/MAX Grande Prairie

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Andy Katoch

Agent | License ID: LDKATOCAN

+1(587) 323-4499

# 203-503 7th St S, Alberta, T1J, 0V1, Canada

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