3430 49 AVE, Red Deer, AB T4N 3W2
3430 49 AVE, Red Deer, AB T4N 3W2
3430 49 AVE, Red Deer, AB T4N 3W2
3430 49 AVE, Red Deer, AB T4N 3W2
3430 49 AVE, Red Deer, AB T4N 3W2
3430 49 AVE, Red Deer, AB T4N 3W2
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Kyle Holloway

Kyle Holloway

+1(403) 512-1862
$ 5,500,000
Est. payment | /mo

9,505 SqFt

Save
$ 5,500,000
Est. payment | /mo
Save

9,505 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,505 sqft

Price per Sqft $578

Subdivision South Hill

MLS Listing ID A2336874

Year Built 2014

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Multi Family

Property 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.

Location

Province AB

County 0262

Zoning R-M

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Inclusions 24 - Fridges, Dishwashers, Washers, Dryers, Microwave Hood Fans, Electric Stoves, A/C Units. Security System with Cameras.

Fireplace No

Exterior

Roof Type Asphalt Shingle

Garage No

Building

Dwelling Type Low Rise (2-4 stories)

Foundation Poured Concrete

Others

Restrictions None Known

Listed by Real Broker

Nearby Locations

Kyle Holloway

"My job is to provide you with the best information and advice for YOU to decide purchasing your property"

+1(403) 512-1862

kyle@kyleholloway.ca

CAN

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3430 49 AVE