Multi-Family in Red Deer

Family owned and operated since new - 55 unit apartment building located next to large, regional Parkland Mall. Consistently low vacancy building with a primarily senior tenant base. Mix of 1, 2 and 3 bedroom units. Constructed in 1974, this building has concrete floors that extend to the balconies, is equipped with an elevator and has been meticulously maintained. Tenants have access to a back door at the mall allowing them to quickly get from their building into the mall space - for shopping, groceries, exercise or the food court. 1 bedrooms - 650 sq ft, 2 bedrooms - 827 sq ft and 3 bedrooms are 1,003 sq ft. Each unit comes with fridge, stove, built-in dishwasher, window coverings, and access to the coin operated laundry with 4 commercial washers and dryers. In suite storage rooms in all units. 65 energized parking stalls as well as RV parking for tenants. Tenants pay their own electrical.