7148 Parke Ave. Red Deer, AB T4P1M9

INVESTOR ALERT! A nicely upgraded and appealing 2.5 storey wood-frame 18 unit apartment. Excellent suite mix of mainly two and three bedroom suites. Located just 1 block east of Gaetz Ave. in the northern quadrant of Red Deer. Very close to shopping and public transportation. Significant suite and common area upgrades, newer hot water tank, Duro-last roof replaced 2004, most decks repaired. Significant rent increases being served which will significantly increase cap rate and returns. Seller will entertain Agreement for Sale with $600K down subject to buyer qualification. An appealing buy for an astute investor! (id:41440)