T4R Apartment Buildings for Sale

Apartment Buildings for Sale Within 5 kilometers of T4R

More details for Creekside Estate, Red Deer, AB - Multifamily for Sale

Creekside Mobile Home Park - Creekside Estate

Red Deer, AB T4N 4E8

Multifamily for Sale
1,004 SF

Red Deer Multifamily for Sale

Creekside Mobile Home Park offers a rare combination of stable income and significant development potential in central Red Deer, Alberta. This 10.93-acre site is currently operational with 77 sites at near-full occupancy, generating reliable cash flow while providing flexibility for future development. Recently rezoned to Residential High-Density (R-H), the property can accommodate up to 300 residential units, including apartments, townhomes, and supportive living, with additional potential for mixed-use amenities such as daycares and specialty retail. Strategically located off of Gaetz Avenue, Red Deer’s main north-south corridor, adjacent to the Red Deer Resort & Casino and close to the Regional Hospital Centre and Red Deer Polytechnic, the site benefits from strong connectivity and surrounding amenities, enhancing both current demand and future market appeal. Creekside represents a unique opportunity for developers to capitalize on Red Deer’s growth, combining prime location, scale, and zoning flexibility for phased or full-scale residential transformation.