Property view at ., 10019 104 Avenue , Grande Prairie - Multi-Family investment property with 12,673 sqft - Photo 1 of 30 | Calgary real estate investment
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., 10019 104 Avenue

Grande Prairie, Alberta T8V 1E5
MLS® A2223588152 days on marketListed May 22, 2025
Exclusive Offering
$1,600,000
12,673Living Space
15Garage Spaces
1978Year Built

Property Overview

15 unit apartment with over 50% of the units fully renovated! Conveniently located in the center of the ever growing city of Grande Prairie! Close to numerous amenities including Schools , Restaurants, Shopping Centers, Walking/Bike Trails, And Public Bus Stops.

Ample parking for all tenants , and professionally property managed with reputable property management company.

Apartment is fully rented except for 2 units finishing renos on.

With the rising rents and next to 0 vacancy it sure wont last long.

Whether you are looking to enter into the multifamily rental market , or wanting to get your money working for you this building will do just that.

Rent roll will provided with any submitted offers. There are 10 one bed one bath units, and 5 two bed one bath units.

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$126/sqft
Below Calgary average - potential value opportunity

Investment Considerations

Mature Property: Potential value-add opportunity through renovations. Budget for capital improvements.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Multi-Family Investment: Income diversification with multiple units. Owner-occupy opportunity to offset mortgage.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.

GA4 Testing

Tests 6 events including Tier 1 conversions