118 Millennium Drive, Fort McMurray

$9,527,500

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Strategically situated in a highly sought-after location, this multi-family property offers convenience and accessibility for residents and guests alike.
Boasting 66 units with a blend of 1 and 2-bedroom suites, this property presents a lucrative investment opportunity with its current operation as a short-term stay hotel.
A rare turnkey investment with all units fully furnished, providing immediate revenue-generating potential. The seamless transition for new owners is a key advantage.
The property features a mix of 1 and 2-bedroom suites, catering to various tenant needs and ensuring a broad market appeal.
With a successful track record as a short-term stay hotel, this property has demonstrated its ability to generate consistent and substantial income.
Efficiently managed and maintained, this property has a solid operational foundation in place, reducing the burden on new owners and ensuring continued success.
Positioned in an area with high demand for short-term accommodations, the property benefits from a steady stream of tenants seeking comfortable and furnished living spaces.
The property may come with an established brand in the short-term stay market, offering a valuable asset to the new owner.
Beyond its current use, this property presents potential for conversion or expansion, providing flexibility for investors looking to maximize their returns.
A detailed financial performance report is available, showcasing the property's revenue, expenses, and profitability, supporting informed decision-making for prospective buyers.
The property's design and ambiance contribute to a positive community atmosphere, making it an attractive destination for both short-term and long-term residents.

Essential Information
MLS® #A2096646
Price$9,527,500
Bathrooms0.00
Acres0.00
Year Built2007
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address118 Millennium Drive
SubdivisionTimberlea
CityFort McMurray
CountyWood Buffalo
ProvinceAlberta
Postal CodeT5K 2S8
Additional Information
ZoningC3
Listing Details
OfficeRE/MAX FORT MCMURRAY
LISTING MAP

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