Residential For Sale

Incredible revenue opportunity to own 3, separate titled condo units in the ‘Royal Oaks Manor’ complex. Excellent location within the City of Grande Prairie, close to new Regional Hospital, Northwestern Polytechnic, ample shopping, restaurants, walking trails, and transit bus routes. Easy access as well to north end of City, industrial parks & towns of Clairmont & Sexsmith. Each unit is 2 bedrooms and 1 bathroom and comes with a energized parking stall. Neutral interior color scheme, open kitchen, dining area & living room layouts, laundry room inside each condo and own balcony. Building has security doors, fob entry system, and elevator. All units are currently tenant occupied with rents at $1,345 per month. Condo fees average $ 376.89 and include heat & water, Professional Management, snow removal, common area maintenance, grounds keeping, and more. Tenant is responsible for power. Property taxes average $ 1,638.34 for current year. Grande Prairie is a city with diverse industries – oil & gas, forestry, business & government, agriculture, healthcare, services, retail, commercial, tourism and TV & film production. Being a regional hub, the City has a primary trade area of 180,000+ and an expanded area of 301,000. With over 10 billion in planned & proposed projects currently in the works, Grande Prairie is an active, vibrant & exceptional place for growth, investment, & opportunity as well as great place to raise a family & call "home". Carpe diem and scoop up this profitable package before it’s too late! Contact a REALTOR® for more info or to book a viewing!