9814 99 St, Lac La Biche, Alberta T0A 2C0
$2,080,000
9814 99 ST
18
For sale
Description
The Multi-Family property consists of a 3.5-storey wood-frame construction building with 30 suites and balconies. Value Add Property: There is strong potential to grow the Net Operating Income through in-suite renovations and the mark-to-market of rents in a rising rental rate environment Historically Low Vacancy and Turnover: The Property has a history of low vacancy rates, with many of the tenants having been at the Property for over two years Location: The neighbourhood benefits from access to major arterial roadways such as 101 Avenue and 101 Street. (id:42720)
Address: 9814 99 ST
Address Line1: 9814 99 ST
City: lac la biche
Province: Alberta
Postal Code: T0A2C0
Country: Canada
Neighbourhood: Lac La Biche
Price: $2,080,000
Bedrooms: 0
Bathrooms: 0
MLS ID: E4342926
Lease: 0.00
Listing Contract Date: 2023-05-25
Parking Space Total: 36
Property Type: Multi-family
Constructed Date: 1982
Fireplace Present: False
Size Interior: 25000 sqft
Size Total: 35000 sqft
Size Total Text: 35000 sqft
Acreage: false
Size Irregular: 35000
Parking:
Alternate URL:
Custom Listing: 0
Board: 10
Agent Office
NAI Commercial Real Estate Inc
4601 99 St NW
Edmonton, Alberta T6E 4Y1