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$23,900,000
Est. payment /mo
143,432 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 143,432 sqft
Price per Sqft $166
MLS® Listing ID 1288496
Year Built 1970
Property Sub-Type Freehold
Source Newfoundland & Labrador Association of REALTORS®
Property Description
Smart opportunity to invest in 3 apartment buildings with a total of 169 residential units (55 one bedroom, 106 two bedroom & 8 three bedroom). Outstanding location for those seeking a convenient living experience in the heart of Gander, just moments away from essential amenities including Gander Mall, Airport, hospital, and major retail stores. Every unit comes equipped with essential appliances. All three buildings feature convenient onsite laundry rooms. This 9 acre property is managed by the landlord's staff, ensuring responsive and reliable service. Zoned Residential High Density-2. Parking for 170+ vehicles. Excess land provides opportunity for additional development. Independent study in January 2024 has "Replacement Cost New" estimated in the order of "$32.5M" (does not include land value, other site improvements such as building contents, paving & landscaping). (id:24570)
Location
Province NL
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Carpeted, Laminate
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 4
Others
Ownership Freehold
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Listed by RE/MAX Infinity Realty Inc.