Red Deer, AB T4N 4W2,5617 60 AV
Red Deer, AB T4N 4W2,5617 60 AV
Red Deer, AB T4N 4W2,5617 60 AV
Red Deer, AB T4N 4W2,5617 60 AV
Red Deer, AB T4N 4W2,5617 60 AV
Red Deer, AB T4N 4W2,5617 60 AV
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
14
Mar
Sat
15
Mar
Sun
16
Mar
$ 1,470,000
Est. payment | /mo

Save
$ 1,470,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS® Listing ID E4412750

Year Built 1973

Property Description

An exceptional investment opportunity with this twelve unit, fully rented apartment complex in a prime location near the Red Deer River. With ample stall parking on site, this building is perfectly positioned for renters. The Raventhorpe is in a quiet neighbourhood and yet offers convenient proximity to essential amenities, including the nearby mall and bus stops. Just a short walk to Bower Ponds, residents enjoy immediate access to the city's extensive network of walking and biking paths. This property includes 3 one bed/one bath units and 9 two bed/one bath units, is fully rented and there is potential to increase rents. Almost half of the suites have been renovated and for buyers looking for an additional advantage, this building has been condominiumized with all 12 suites individually titled allowing an investor to hold the building as a long term investment or sell suites individually .

Location

Province AB

Zoning Zone RUR6

Others

Tax ID 0032811549

Ownership Private

Listed by Kim D Stubbs • Sotheby's International Realty Canada
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

5617 60 AV