441 Millennium Drive #19-29 | Timberlea | Fort McMurray

441 Millennium Drive #19-29 | Timberlea

Beds
0 0
Baths
0.0
Sqft
0
Lot Sqft
30,138 (0.7ac)
Year Built
0
Days Listed
102
Type
Residential Land
Status
Active
Garage
No
Foundation
No Info
Condo Fee
No
Price Change
None

OPPURTUNITY TO BUILD MULTI FAMILY IN A MARKET WHERE AFFORDABLE LIVING IS NEEDED. 10 remaining lots in the complex of THE WOODS, in Timberlea. This project has been started and 31 units have been completed to date. The completed units consist of 2 Storey town homes with Attached Double and Single car garages and square footage as large as 1561. The most recent sale was sold at $378,000 and was a mid-size unit. The current builder has been building homes in Fort McMurray for over 20 years but is wanting to give another developer/builder an opportunity to complete this project as Qualico is stationed out of Edmonton and has moved their focus to building locally where their head office and manpower are. This is an incredible opportunity for a builder to take advantage of the Multifamily market in Fort McMurray, which is the only market that has seen price increases in recent years. These increases have come from large demand from Investors that have entered our market as there is such an opportunity to create cash flow. Whether you are looking to cash in on selling these units for profits after building or setting up a pool of rentals to cash in on our high rental prices. Call for more details and see link for Brochure information from when previous units were sold.

MLS ® #: A2136025
Listing Office: COLDWELL BANKER UNITED
Date Listed: May 28, 2024 - 103 days on site
Last Updated: Sep 07, 2024 07:21am MST

$200,000

Details

Lot:
back yard

Even More Details

Thoughtful | Loyal | Effective

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Breanna will call to discuss.

"Anyone would be hard-pressed to find any team that could go beyond the lengths that the A-Team went for us" - Jim Wood

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“The A-Team sold our Condo when other REALTORS® couldn't”.
 
- Colleen Bussey
“Even though we are living out of town, she helped us throughout the process and made sure everything went proper. ”.
 
- Hemang Shah
“From answering messages all day every day, to dealing with numerous issues on the buyer's side, to picking up garbage as the snow melted since we weren't living at the house. It felt like we were having a close friend working with us.”.
 
- Mitchell Weber

Breanna
Albrecht