Description

Walker House is a well-maintained 24-unit multifamily property located at 3430 49 Avenue in Red Deer, within walking distance of shopping, restaurants, transit, parks and trails. Built in 2016, the property consists of 18 two-bedroom units, 3 two-bedroom + den units and 3 one-bedroom units, with no suites located at or below ground level. Each suite features its own furnace, hot water tank, A/C, in-suite laundry, dishwasher, private balcony and separately metered gas and electricity paid by the tenant. The building is serviced by an elevator and sprinkler system and includes 25 heated underground parking stalls plus 15 powered surface stalls. The property has been exceptionally well maintained with no significant outstanding capital improvements required and benefits from a stable, long-term tenant base. Current rents are below market, providing a purchaser with a strong opportunity to increase revenue and NOI within a newer, low-maintenance asset.

Listing Provided By

Real Broker

Neighborhood Info

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

Send us your questions about this property and we'll get back to you right away.

Send this to a friend, or email this to yourself

Property Details

Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
18406 sq.ft.
Taxes
N/A
Type
Multi Family (Commercial)
Style
N/A
Basement
Year Built
2014
Real Estate Listing
Provided by:
  • Real Estate Professionals Inc.
  • 202,5403 Crowchild Trail NW
  • Calgary, AB
  • T3B 4Z1