Colliers is pleased to offer for sale a 100% interest in Liberty Park Apartments & Townhomes (the “Property”) located in Red Deer County, Alberta, Canada. Completed in 2018, Liberty Park Apartments & Townhomes is a 93 unit rental project consisting of one, two, and three-bedroom apartment style and townhome rental suites. The Property's suite mix of 91% two and three-bedroom suites, including ~50% townhouse style units, caters extremely well to the area’s rental demographic. Averaging 966 square feet, the suites are amongst the largest in the rental market and offer condominium quality finishings along with in-suite laundry, ample surface parking and select individual parking garages. The Property is currently 98% occupied with near-term rental rate growth projections of 6.2%. Given the strong rental market fundamentals and limited new(er) rental inventory, Liberty Park Apartments & Townhomes represents an exceptional opportunity for investors to acquire a newer, high quality asset with exceptional operating performance.