10124 100 Av - Apartments FOR SALE


Grande Prairie, AB T8V 0V5
$975,000 CAD
780-897-8847
10124 100 Av, Grande Prairie, AB for Sale
$975,000 CAD
Apartments - FOR SALE
1/9
null | 8% Cap Rate

10124 100 Av
Grande Prairie, AB T8V 0V5


HIGHLIGHTS

  • Downtown Location – Prime mixed-use building in Grande Prairie’s Central Business District.
  • Stable Income – Fully leased with 2 commercial units and 7 residential apartments.
  • Investor Appeal – Strong 8% cap rate and coin laundry for added revenue.

OVERVIEW

INVESTMENT OPPURTUNITY FULLY OCCUPIED Mixed use building features 2 commercial units and 7 residential apartments in the heart of downtown Grande Prairie. Commercial tenants are very long term and residential units always in high demand giving you long term reliable cashflow. Tenant parking located behind the building. Also has coin operated laundry for additional income. Priced to sell at an attractive 8% cap rate.

FOR SALE DETAILS

PRICE

$975,000 CAD

PRICE/SF

$94 CAD /SF

# OF UNITS

7

PRICE/UNIT

$139,286

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tim BlakeRE/MAX Grande PrairieMore Info
780-897-8847

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Tim BlakeRE/MAX Grande PrairieMore Info
780-897-8847

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.