3707 51 Av - Apartments FOR SALE


Red Deer, AB T4N 4G5
$950,000 CAD
403-348-9350
3707 51 Av, Red Deer, AB for Sale
$950,000 CAD
Apartments - FOR SALE
1/10
null | Request Cap Rate

3707 51 Av
Red Deer, AB T4N 4G5


OVERVIEW

Certified B3 Assisted living facility - This property was specifically built for assisted living clients. Long term service provide is the sole tenant making this an excellent turnkey investment property. Each unit is 1393 sqft, 3-bedroom, 2 bathrooms. Each unit has a wheel chair roll in shower as well as an accessible 4 pc main bathroom. Suites have wheelchair ramps or a wheelchair lift. Each suite has in suite Laundry. The savvy investor will appreciate the benefit and cost-effective nature of having a service provider as the sole tenant reducing many of the costs and headaches of traditional property management.

FOR SALE DETAILS

PRICE

$950,000 CAD

PRICE/SF

$330 CAD /SF

# OF UNITS

6

PRICE/UNIT

$158,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2015

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,715 SF

ZONING

R2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael GouchieRoyal LePage Lifestyles RealtyMore Info
403-348-9350

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Michael GouchieRoyal LePage Lifestyles RealtyMore Info
403-348-9350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.