Multi Family Property Sold in Riverside Meadows, Red Deer at Xxxx Xx A Street

Xxxx Xx A Street
Red Deer - Riverside Meadows
Commercial
Sold for: $XXXXXX
Listed for: $XXXXXX
Sold 578 days ago
0 Baths

"Superb Revenue," Welcome to Cedar Wood Apartments. A fine 8 Suiter consists of 7-2 bedroom suites, 1-1 bedroom suite.
Building is 100% tenanted. All suites are complimented with wood burning fireplaces. The parking pad located at the rear of the building has 8 energized parking stalls plus lots of street parking. The Roof was replaced in 2015, Boiler and Hot water tank were upgraded in 2010 with improvements completed over the years. The heating in the building is Glycol. Additional
Insulation was added to the attic in 2014. 4 balcony decks are just being repaired /replaced as needed . Building has
cameras. There is a separate laundry room which has one coin op washer and one coin op dryer. Common property, boiler room, laundry room can be shown anytime. Accepted Offer must be in place to view units as building is 100% tenanted.
Financials are available upon request. Offer fell due to Financing.

Essential Information
MLS® #A1229124
Last Ask Price$XXXXXX
Sale Price$XXXXXX
Sale Date2022-11-30
Days on Market167
Bathrooms0.00
Acres0.00
Year Built1976
TypeCommercial
Sub-TypeMulti Family
StatusSold
Community Information
AddressXxxx Xx A Street
SubdivisionRiverside Meadows
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4N 2R1
Amenities
Parking Spaces8
Interior
HeatingBoiler, Natural Gas
Exterior
RoofShingle
ConstructionCedar, Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Corner Lot, Near Shopping Center, Landscaped, Many Trees, Street Lighting, Near Public Transit, Treed

Additional Information
ZoningR2
HOA Fees0.00
Listing Details
OfficeColdwell Banker Ontrack Realty
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