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INVESTOR ALERT! A nicely upgraded and appealing 2.5 storey wood-frame 18 unit apartment. Excellent suite mix of mainly two and three bedroom suites. Located just 1 block east of Gaetz Ave. in the northern quadrant of Red Deer. Very close to shopping and public transportation. Significant suite and common area upgrades, newer hot water tank, Duro-last roof replaced 2004, most decks repaired. Significant rent increases being served which will significantly increase cap rate and returns. Seller will entertain Agreement for Sale with $600K down subject to buyer qualification. An appealing buy for an astute investor!
Property Details
Area | Red Deer |
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Property Type | Multi-Family Commercial |
Days On Our Website | 6 |
Garages | 0 |
Listing Office: MaxWell Polaris
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