JN REAL ESTATE GROUP

Rolling Hills

LIST PRICE

$9,990,000

8420 99 Avenue , Peace River · T8S 1W3

BUILT 1989

MLS A2256213 · 301 DAYS ON MARKET

Interested in this home?

JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.

RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

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.

DETAILS

BUILDING

TYPE
Multi Family
YEAR BUILT
1989
ROOF
Asphalt Shingle

COMMUNITY

COMMUNITY
Rolling Hills
ZONING
Residential High Density
POSTAL CODE
T8S 1W3

UTILITIES & COSTS

HEATING
Forced Air · Natural Gas
ANNUAL TAXES
$96,851

LISTING COURTESY OF DALE ESPETVEIDT · ROYAL LEPAGE VALLEY REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.