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MLS® A2256213

  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 1324 sqft
Garage No
Taxes $96,851
Days Active 144
Lot Size 
Approx. Age 1989
Avg. Price Per Sqft $7,545
MLS® Number A2256213

Property Address: 8420 99 Ave, Peace River, AB, T8S1W3

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Investment Opportunity – 39 Townhouse-Style Condos in Peace River, Alberta! Serious investors, take note: this is your chance to acquire a fully tenanted, cash-flowing multi-family asset in one of Alberta’s most promising regions. All 39 of these modern townhouses have been very well maintained and professionally managed with updating having been completed on a consistent basis. Each unit is a two story design which features 3 bedrooms, 2 bathrooms, 5 appliances and a spacious layout. Fully occupied with zero vacancies over the past 4 years giving very stable rental income. The reason this investment stands out is it gives you immediate cash flow from day one with strong rental demand in Peace River and long-term tenant stability, Potential to form a condo association and sell units individually in the future which has an excellent upside in a rising market. This property offers flexibility in holding as a high-performing rental portfolio or unlock significant equity by converting to individual condo sales. With Alberta’s market gaining momentum, this is a rare opportunity to capitalize on both short-term returns and long-term growth. Call us for details! Serious inquiries only. (id:58753)Show Description
MLS® NumberA2256213
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1989
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Starting Address
Destination Address
8420 99 Ave, Peace River, AB

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