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101-105, 201-205, 301-305, 9225 93 Avenue Grande Prairie, Alberta T8V 4G1

24800 sqft

$3,625,000

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:57312)

Property Details

MLS® Number A2166853
Property Type Multi-family
Community Name Smith
Plan 1225047
TotalBuildings 4

Building

ConstructedDate 2013
SizeExterior 24800 Sqft
SizeInterior 24800 Sqft
TotalFinishedArea 24800 Sqft
Type Multi-family

Land

Acreage No
SizeTotalText Unknown
ZoningDescription Rm

https://www.realtor.ca/real-estate/27436988/101-105-201-205-301-305-9225-93-avenue-grande-prairie-smith

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Ruben Marin
Associate


Grassroots Realty Group Ltd.
118-8805 Resources Road
Grande Prairie, Alberta T8V 3A6

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