INVESTORS! This well-maintained 6-plex in the desirable Eastview subdivision (South Red Deer) is fully rented and situated on a large ~75 x 125 ft lot.
The property features a strong unit mix, including five 2-bedroom suites and one 1-bedroom suite. Each unit is separately metered, with tenants responsible for their own power.
The building exterior has been updated and showcases durable vinyl siding, vinyl windows, and a pitched asphalt shingle roof. Interior suites have seen varying levels of renovations over the years.
All units offer exterior access, with upper-level suites featuring private balconies. At the rear, you'll find a paved parking area with energized stalls and a seperate common laundry room, for tenant convenience.More details
Excellent opportunity to acquire a well-maintained 24-unit apartment complex offering strong in-place income with upside potential. The property consists of 6 two-bedroom units, 14 one-bedroom units, and 4 bachelor suites — each individually metered for electricity. Capital improvements include a new roof (2018) and a new boiler heating system (2025). Many suites have updated flooring and appliances, and the property has been diligently cared for with consistent maintenance, paint and cleaning. The building features 24 surface parking stalls, each with electrical outlets. Conveniently located near the river, public transit, schools, and shopping, this property appeals to a broad tenant base. With solid current cash flow and market rent growth potential, this is a turnkey investment with additional opportunity for value-add repositioning.More details
Data was last updated May 25, 2026 at 06:05 PM (UTC)
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