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4746 55 St 24 Unit Apartment Building $3,500,000 CAD ($145,833 CAD/Unit) 5.24% Cap Rate Red Deer, AB T4N 2J1

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4746 55 Street - Current Proforma

Property Facts

Price	$3,500,000 CAD	Apartment Style	Low-Rise
Price Per Unit	$145,833 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.46 AC
Cap Rate	5.24%	Building Size	21,982 SF
No. Units	24	No. Stories	3
Property Type	Multifamily	Year Built	1975
Property Subtype	Apartment	Parking Ratio	1.09/1,000 SF
Zoning	R-H - R-H zoning (Residential – Multiple Family) permits medium to high-density residential development, allowing for multi-family buildings up to 6 storys.

Price	$3,500,000 CAD
Price Per Unit	$145,833 CAD
Sale Type	Investment
Cap Rate	5.24%
No. Units	24
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.46 AC
Building Size	21,982 SF
No. Stories	3
Year Built	1975
Parking Ratio	1.09/1,000 SF
Zoning	R-H - R-H zoning (Residential – Multiple Family) permits medium to high-density residential development, allowing for multi-family buildings up to 6 storys.