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

$3,625,000

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About 101-105, 201-205, 301-305, 9225 93 Avenue

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.

Features of 101-105, 201-205, 301-305, 9225 93 Avenue

MLS® # A2166853
Price $3,625,000
Bathrooms 0.00
Acres 0.00
Year Built 2013
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address 101-105, 201-205, 301-305, 9225 93 Avenue
Subdivision Smith.
City Grande Prairie
County Grande Prairie
Province Alberta
Postal Code T8V 4G1

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed September 18th, 2024
Days on Market 59
Zoning RM
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGrassroots Realty Group Ltd.

Listing Map