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Gander

127,129,131 Bennett Drive

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$23,900,000

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127,129,131 Bennett Drive
Gander, Newfoundland & Labrador A1V1X3

MLS^® Number: 1288496

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Listing Description

Smart opportunity to invest in 3 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). (29952617)