Smart opportunity to invest in 3 low-rise 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:41440)
MLS®:
1288496
Type
Multifamily
Year Built
1970
Listed By
Jim Burton, Fri, Re/Max Infinity Realty Inc.
Source CREA Last checked Jul 30 2025 at 7:13 PM EDT
Disclaimer: The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 7/30/25 12:13
Description