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MLS® A2336874 · Active

3430 49 Avenue

Red Deer, Alberta

$5,500,000

Source-listed price. Confirm sale or lease terms and availability.

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Property photographs

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Property details

MLS®
A2336874
Status
Active
Property type
Multi-family
City
Red Deer
Year built
2014
Living area
9505 square feet
Listing brokerage
Real Broker

About this property

Walker House is a well-maintained 24-unit multifamily property located at 3430 49 Avenue in Red Deer, within walking distance of shopping, restaurants, transit, parks and trails. Built in 2016, the property consists of 18 two-bedroom units, 3 two-bedroom + den units and 3 one-bedroom units, with no suites located at or below ground level. Each suite features its own furnace, hot water tank, A/C, in-suite laundry, dishwasher, private balcony and separately metered gas and electricity paid by the tenant. The building is serviced by an elevator and sprinkler system and includes 25 heated underground parking stalls plus 15 powered surface stalls. The property has been exceptionally well maintained with no significant outstanding capital improvements required and benefits from a stable, long-term tenant base. Current rents are below market, providing a purchaser with a strong opportunity to increase revenue and NOI within a newer, low-maintenance asset. (id:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of Real Broker. Source attribution · REALTOR.ca

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