127,129,131 Bennett Drive Gander, Newfoundland & Labrador A1V 1X3

143,432 ft2
Baseboard Heaters Acreage

$23,900,000

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:28789)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number 1288496
Property Type Multi-family
Amenities Near By Recreation, Shopping

Building

Constructed Date 1970
Flooring Type Carpeted, Laminate
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 4
Size Interior 143,432 Ft2
Type Residential Commercial Mix

Land

Acreage Yes
Land Amenities Recreation, Shopping
Size Irregular 9 Acres
Size Total Text 9 Acres|3 - 10 Acres
Zoning Description Rhd-2

https://www.realtor.ca/real-estate/28664121/127129131-bennett-drive-gander

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