8420 99 Avenue, Peace River, Alberta T8S 1W3

Listed for:
$9,990,000
0 beds
0 baths
Listed 64 days ago
Multi-Family for rent: 8420 99 Avenue, Peace River, Alberta T8S 1W3

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Learn more about this property
Listing provided by:
Royal LePage Valley Realty
MLS® number:
A2256213
Agent:
Dale Espetveidt
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About

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:27476)

Property Highlights

MLS® Number
A2256213
Type
Multi-family
Community Name
Rolling Hills
Land Size
Unknown

Building

Building Type
Multi-Family
Square Footage
1324 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Location