Property Address: 102-14921 Macdonald Dr, Fort Mcmurray, AB, T9H4H3
Average square foot calculated using Size range provided by listing agent.
Description
Ideal investment opportunity here! This 3-bed, 1 bath spacious apartment boasts a PRIME location. Conveniently located within the northwest corner of the downtown core, and steps away from the abundant amenities of McDonald Island Park. Residents of River Park Glen enjoy access to an on-site day-care, children's dance academy, community gardens, fitness and recreation centre (personal training available), full-time on location property management staff, and 24/7 security. The condominium corporation is led by an experienced board of directors and has a long history of active management and consistent improvements. In fact, a February 2020 independent risk assessment report rated River Park Glen SUPERIOR and noted that it has best in class management processes which significantly exceed similar condominium corporations in the area. And it is not just the property that is on the upswing - the whole neighbourhood is poised for growth as the municipality has recently committed to investing millions into downtown revitalization via new infrastructure, beautification initiatives, events, and park development. The unit is currently rented out on a fixed term tenancy and is part of an (optional) professionally managed rental pool that provides owners the unique opportunity to team up with other investors to achieve greater economies of scale and stability of rental income while eliminating the hassles of self-management. Why go it alone when you can join a like-minded team? Intrepid investors will see the potential!Show Description