Log in for exclusive access to new listings, private inventory and your saved favourites.
Already have a CIR REALTY account? Sign in Here
No
Yes
5617 60 AV
Red Deer
Update on 2023-07-04 10:05:04 AM
$1,470,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1973
YEAR BUILT
MLS® Number
E4412750
PROPERTY TYPE
Commercial
LISTING DATE
2024-11-05
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 .
(403) 271-0600
| COMMUNITY | |
| TYPE | Commercial |
| STYLE | |
| YEAR BUILT | 1973 |
| SQUARE FOOTAGE |
| BEDROOMS | |
| BATHROOMS | |
| BASEMENT | |
| FEATURES |
| GARAGE | 0 |
| PARKING | |
| ROOF | |
| LOT SQFT | 0 |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Master Bedroom | ||
| Second Bedroom | ||
| Third Bedroom | ||
| Dining Room | ||
| Family Room | ||
| Kitchen | ||
| Living Room |
INTERIOR
EXTERIOR
Broker
Sotheby's International Realty Canada
Agent
Kim D Stubbs