$845,000.00 0.00 acre

5807 60 A Street , Red Deer. T4N 2R1

Description

"Superb Revenue," Welcome to Cedar Wood Apartments. A fine 8 Suiter consists of 7-2 bedroom suites, 1-1 bedroom suite. Building is 100% tenanted. All suites are complimented with wood burning fireplaces. The parking pad located at the rear of the building has 8 energized parking stalls plus lots of street parking. The Roof was replaced in 2015, Boiler and Hot water tank were upgraded in 2010 with improvements completed over the years. The heating in the building is Glycol. Additional Insulation was added to the attic in 2014. 4 balcony decks are just being repaired /replaced as needed . Building has cameras. There is a separate laundry room which has one coin op washer and one coin op dryer. Common property, boiler room, laundry room can be shown anytime. Accepted Offer must be in place to view units as building is 100% tenanted. Financials are available upon request. Offer fell due to Financing.

Listing Information

Prop. Type:Commercial
Status:Pending
MLS #:A1229124
City:Red Deer
Neighbourhood:Riverside Meadows
Province:Alberta
Building/Unit Size: 3,469 sq.ft
Land Size:0.00 Acre
Listing Price:$845,000.00
Listing Price Arce:$0 per Acre
Business Type:
Property Subtype:Multi Family
Transaction Type:For Sale
Land Use Code:R2
Listing Contract Date:2022-06-16

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Coldwell Banker Ontrack Realty" listing brokerage.

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