7148 Parke Ave. , Red Deer

Bed / Bath / $2,250,000 / MLS® Listing #:E4324041

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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
Property Type Multi-Family Commercial
Days On Our Website 6
Garages 0

Listing Office: MaxWell Polaris

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