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$ 2,250,000
Est. payment | /mo
8,952 SqFt
$ 2,250,000
Est. payment | /mo
8,952 SqFt
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 8952.0
Square Footage 8,952 sqft
Price per Sqft $251
Subdivision South Hill
MLS Listing ID A2278446
HOA Y/N No
Year Built 1968
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Apartment
Property Description
18 suite apartment building adjacent to the Red Deer Regional Hospital which is currently undergoing a $1 billion expansion that will provide 3,000 direct jobs. Suite mix is 3 - 2br, 14 1br and 1 bachelor (which has just become vacant and is being renovated). New shingles and exterior concrete work completed in 2025. Some new windows. Newer boiler and hot water tank. RPR has been ordered. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 4920-47 St (24 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites). Building condition reports and current proformas available for all buildings.
Location
Province AB
Zoning R-M
Interior
Heating Boiler, Natural Gas
Inclusions 18 fridges, 18 stoves, 2 coin operate washers, 2 coin operated dryers
Fireplace No
Exterior
Roof Type Asphalt Shingle
Total Parking Spaces 17
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Foundation Poured Concrete
Others
Restrictions None Known
Listed by RE/MAX real estate central alberta
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