Multi-Family
Year Built: 2014
Area: 9505 sqft
3430 49 Avenue Red Deer, Alberta T4N 3W2
$5,500,000
Description
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:51913)
Property Details
| Plan : 1323306 |
| MLS® Number : A2336874 |
| Property Type : Multi-family |
| Community Name : South Hill |
Building
| Constructed Date : 2014 |
| Cooling Type : Central Air Conditioning |
| Foundation Type : Poured Concrete |
| Heating Fuel : Natural Gas |
| Heating Type : Forced Air |
| Size Exterior : 9505 Sqft |
| Size Interior : 9505 Sqft |
| Total Finished Area : 9505 Sqft |
| Type : Multi-family |
Land
| Size Total : 18406 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Size Total Text : 18406 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Acreage : No |
| Size Irregular : 18406.00 |
| Zoning Description : R-m |
Map
Agents and Offices
- Tyler Remington
- Office: Real Broker
Latest Listing
1101 6 Street Sw
$1,199,000
244, 8535 Bonaventure Drive Se
$314,900