A2256213 - 8420 99 Avenue , Peace River, Alberta T8S 1W3




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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.

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ESSENTIAL
MLS®:A2256213
Price:9,990,000.00
Type:Commercial
Sub Type:Multi Family
RestrictionsNone Known
DOM10
INTERIOR SNAPSHOT   
Sq Ft:1,324
Heating:Forced Air, Natural Gas


COMMUNITY DETAILS
Address:8420 99 Avenue , Peace River, Alberta T8S 1W3
City:Peace River
Subdivision:Rolling Hills
County:Peace No. 135, M.D. of
Province:Alberta
Postal Code:T8S 1W3
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1989
Structure Type:Townhouse
Roof:Asphalt Shingle
Zoning:Residential High Density
ROOM DIMENSIONS


Inclusions: 39 each of refrigerators, electric stoves, dishwashers, washers, dryers.



Courtesy: Royal LePage Valley Realty








Sean Gillis - RE/MAX Grande Prairie

A2256213 8420 99 Avenue
Agent reviews Cell: 780.897.3520
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Recent Customer Reviews
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It was a great experience to have Sean as our realtors. He moves fast, lots of communication of feedbacks during our showings.
Kassandra Lajeunesse - Buy/Sell

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Sean conducts his business in a transparent and honest way. He is available at any hour of the day. He always has a back up plan ready if the first plan falls through. This foresight / contingency is extremely valuable when working on tight timelines. Would recommend Sean to anyone who is need of Real Estate Agent services.
Riley Arguin - Buy


Rolling Hills Housing Trends


Real Estate Listings: 1
Highest Price: $245,000.00
Lowest Priced: $245,000.00
Average Price: $245,000.00
September 18th 2:00am

Agent reviews Cell: 780.897.3520

(89 Reviews)
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FAQs about 8420 99 Avenue , Peace River, Alberta, T8S 1W3

8420 99 Avenue MLS® A2256213 has an approximate size of 0 Sq. Ft. located in Rolling Hills.

Nearby secondary schools include Schools & resources

There are 0 bedrooms and 0 bathrooms in this Commercial listing at 8420 99 Avenue , MLS® A2256213.

This Commercial is priced at $9,990,000.

This property is located at 8420 99 Avenue , Peace River, Alberta, T8S 1W3 in the Rolling Hills community. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Rolling Hills community resources page.