32 Holmes Street, Red Deer

$4,800,000

0 Baths
57,585 Sqft
1 Acres

Chance to own a 25-unit row housing multifamily development available in the Highland Green. Each unit is comprised of three (3) bedrooms, one and half (1.5) baths, deck, equipped with a fridge, range, washer and dryer and are separately metered for all utilities. The site is 1.29 acres and separated into three buildings. Scheduled gross income is $320,280 per annum with a stabilized net operating income of $246,819. Average monthly rent is $1,065 and average tenancy length is 28 months.

Essential Information
MLS® #A1042818
Price$4,800,000
Bathrooms0.00
Square Footage57,585
Acres1.00
Year Built1980
TypeMulti-Family
Sub-TypeRow/Townhouse
StyleSplit Level
StatusActive
Community Information
Address32 Holmes Street
SubdivisionHighland Green Estates
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4N 6L6
Amenities
Parking Spaces63
Parking

Assigned, Parkade, On Street, Parking Lot

Interior
HeatingForced Air, Natural Gas
# of Stories2
Additional Information
Date ListedOctober 16th, 2020
Days on Market12
ZoningR2
Listing Details
OfficeSalomons Commercial

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