Property overview
Property details in Red Deer
Bon Air Manor in West Park offers 12 two-bedroom suites with an opportunity to improve rental income. Offered at $1,500,000, or $125,000 per suite, this 3 floor, walk-up apartment building features generous sized 800 sq ft suites with balconies, shared laundry facilities and 12 on-site surface parking stalls with power.Improvements include renovations to three suites, balcony railing upgrades and replacement of approximately 40% of the windows. Current rents are well below market leaving room for future growth as suites are improved and rents increase over time. (id:66954)
Property details
- Property Type
- Multi-family
- Property Sub Type
- Multi-family
- Transaction Type
- For Sale
- DDF Listing Status
- Active
- List Price
- $1,500,000
- Building Type
- Multi-Family
- Total Building Area
- 7,680 sq. ft.
- Living Area
- 7,680 sq. ft.
- Lot Size
- 19,748 sq. ft.
- Year Built
- 1971
- Heating
- Natural gas
- Zoning
- R-D
Community
West Park (Red Deer)
Information is provided for general reference and is subject to confirmation. Live listing data is supplied through REALTOR.ca DDF®.