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This Multifamily Property is no longer advertised on LoopNet.ca.
4813 53 St
Red Deer, AB T4N 2E7
Fiftythird Apartments · Multifamily Property For Sale
·
12 Units

Investment Highlights
- Fiftythird Apartments contains 12 two-bedroom suites on three levels; as well as in-suite laundry, stainless steel appliances and balconies/patios.
- Housing prices, utilities, and everyday expenses in Red Deer are generally more affordable, making it an attractive option for residents.
- When compared to similar properties in the area, there is an upside of $316, or 20% available at the Property upon turnovers and renewals.
- Direct access to Downtown Red Deer and Highway 2.
- The population of Red Deer increased 3.4% year-over year in 2023, and is expected to continue to grow.
- Secondary markets often have lower competition, easier entry into the market, strong rental demand, and often have lower cost of doing business.
Property Facts
| No. Units | 12 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 12,198 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 2014 |
| Zoning | C-1 - City Centre Commercial Zone | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 12,198 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2014 |
| Zoning | C-1 - City Centre Commercial Zone |
Links
Listing ID: 32984039
Date on Market: 2024-08-28
Last Updated:
Address: 4813 53 St, Red Deer, AB T4N 2E7
The Multifamily Property at 4813 53 St, Red Deer, AB T4N 2E7 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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