Size
4044 sqft
Lot size
17124 sqft
Street frontage
-
Possession
-
Price per sqft
$364
Taxes
$12,813.78 (2024)
Parking Type
-
Style
Other
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Description
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 Raven Thorpe Manor 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 .
Broker: Sotheby's International Realty Canada
MLS®#: A2175520
Property details
Parking:
12
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard,
Style:
Other
MLS Size:
4044 sqft
Lot front:
137 Ft
Listed on:
Nov 3, 2024
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