Property Details

Address: 5515 - 41 Street, Red Deer, AB
Status: For Sale
Price: $600,000
Price Per Door: $100,000
No. of Units: 6
Cap Rate: 5.74%

This six suite apartment building is located at 5515 - 41 Street in Red Deer, Alberta. It is a one and a half storey six-plex, wood-frame construction building with balconies. It was built in 1977. Parking is surface and paved. The suite mix is 4 two-bedroom suites, and 2 three-bedroom suites. The two-bedroom units are 768 Sq. Ft., and the three-bedroom units are 864 Sq. Ft. Recent certificate of inspection with Pyrotech August 2019, with the next fire inspection scheduled for September 2, 2020.

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