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Property 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.

Features
: Forced Air, Natural Gas
https://youtu.be/IZ2IbtabRIM
Address Map
Alberta
Peace No. 135, M.D. of
Peace River
T8S 1W3
99
8420
Avenue
0
W118° 40' 39.3''
N56° 14' 0.8''
: Ohaton
8420 99 Avenue
E
MLS Addon
10743

Commercial For Sale

8420 99 Avenue, Peace River, Alberta T8S 1W3

0 Bedrooms
0 Bathrooms
0 Sqft
Visits : 4 in 115 days
$9,990,000
Listing ID #A2256213
Basic Details
Property Type : Commercial
Property Sub Type : Multi Family
Listing Type : For Sale
Listing ID : A2256213
Price : $9,990,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1989
Lot Area : 0 Acre
Status : Active
Days On Market : 177
Agent info
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