Realty Executives Alberta Elite

Serving Central Alberta

Realty Executives Alberta Elite

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7148 Parke Avenue
Red Deer Alberta T4P 1M9 Canada

$2,265,000real estate property listed by Realty Executives real estate property listing

Pending Listing ID A2042329
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Built in 1976
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Lot: 0.61 acre
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Multi Family

$2,265,000real estate property listed by Realty Executives real estate property listing

Pending Listing ID A2042329

7148 Parke Avenue Cash Flowing 19 Unit Apartment Building for sale in the great community of Pines, in Red Deer, Alberta. All rents have been increased to market over the past year and the building is now cash flowing very nicely. Excellent tenants that have all been strictly approved by the Current Property Management Company. Building is in Very Good Condition and is currently bringing in $21, 345/month! Do not miss this opportunity

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Property Features

  • Facts
  • Built in: 1976
  • Lot Size: 0.61 acre
  • Property Type: Commercial
  • Property Sub-type: Multi Family
  • Features
  • Roof Type: Flat Torch Membrane
  • Heating Systems: Boiler, Natural Gas


  • Class Description: Listing
  • Additional Parcels YN: 0
  • Building Area Total: 12723.00
  • Building Area Total Metres: 1182.00
  • Building Area Total SF: 12723.00
  • Business YN: 0
  • City: Red Deer
  • County Or Parish: Red Deer
  • Days On Market: 29
  • DOM Date: 2023-05-21T11:30:15.093
  • Ensuite YN: 0
  • Foundation Details: Poured Concrete
  • Garage YN: 0
  • Heating: Boiler, Natural Gas
  • Inclusions: Miscellaneous Maintenance Supplies
  • Latitude: 52.29785955
  • List Agent Full Name: Cindy Price
  • Listing Id: A2042329
  • List Office Name: Realty Executives Alberta Elite
  • List Price: 2265000.00
  • Longitude: -113.81125166
  • Lot Size Acres: 0.61
  • Lot Size Square Feet: 26572
  • Main Level Finished Area Units: SquareFeet
  • Mls Status: Pending
  • Postal Code: T4P 1M9
  • Property Sub Type: Multi Family
  • Property Type: Commercial
  • Restrictions: None Known, Non-Smoking Building
  • Roof: Flat Torch Membrane
  • Standard Status: Pending
  • State Or Province: Alberta
  • Street Name: Parke
  • Street Number: 7148
  • Street Suffix: Avenue
  • Structure Type: Low Rise (2-4 stories)
  • Subdivision Name: Pines
  • Upper Level Finished Area Units: SquareFeet
  • Virtual Tour URL Branded:
  • Virtual Tour URL Unbranded:
  • Year Built: 1976
  • Zoning: R3
Listing Changed: 5/21/2023 11:35:04 AM GMT
Source Updated Date: 6/5/2023 10:11:41 AM GMT

Courtesy of: Cindy Price, Realty Executives Alberta Elite, 403-302-2353

Copryright 2022 RANW MMLS- All Rights Reserved.

Information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information received from other 3rd parties: All information deemed reliable, but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless