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8420 99 Avenue

Peace River T8S 1W3

MLS® Number:  A2256213

Back to Rolling Hills.   

  • Home \
  • Peace River \
  • Rolling Hills. \
  • 8420 99 Avenue

$ 9,990,000

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

1989

YEAR BUILT

https://www.cirrealty.ca/reb/

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MLS® Number
A2256213
PROPERTY TYPE
Multi Family
LISTING DATE
September-08-2025

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.

COMMUNITY  Rolling Hills.
PROPERTY TYPE  Multi Family
BUILDING TYPE  Townhouse
STYLE  N/A
YEAR BUILT 1989
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING 
FIREPLACE  N/A
FLOORING 
HEATING  Forced Air, Natural Gas
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  None Known
ROOF  Asphalt Shingle
TITLE 
BROKER  Royal LePage Valley Realty

 

 

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.