What is the price of 3930 55 Avenue?

This property is listed at $1,500,000 CAD.

Where is 3930 55 Avenue located?

This property is located at 3930 55 Avenue in Red Deer, Alberta, Canada.

What is the size of 3930 55 Avenue?

This property has 7,680 square feet of living space.

How can I schedule a viewing of 3930 55 Avenue?

Contact Rachel McQueen by phone at (403) 872-7785 or email at rachel.mcqueen@remax.net to schedule a viewing or request more information about this property.

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3930 55 Avenue, Red Deer

3930 55 Avenue, Red Deer

Red Deer, Alberta, T4N4N4

MLS®: A2358454

Listing photo – 3930 55 Avenue, Red Deer

$1,500,000

Active

7,680 square feet living area 19,748 square feet lot

Property Description

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.