52.20211 -113.82273

439 Memorial Parkway Rural Red Deer County, AB T4E 1Z8

232267362 52.20211 -113.82273 732 /listing/232267362-150112695/439-memorial-parkway-rural-red-deer-county-ab-t4e-1z8 False 0 10500000 51723 107 E4145035 False
  • $10,500,000
  • 51,723 sqft
  • 1.61 lot

Property & Neighborhood Info

Courtesy Of Lee Smithson , RE/MAX Real Estate

Business in Rural Red Deer County

INVESTMENT OPPORTUNITY! The Suites is a unique hybrid tenancy model that is part apartment and part hotel (aka Apartel). This 92 Suite Apartel consists of furnished studio and 1 bedroom short term rentals along with unfurnished monthly rental units. Suites can be converted from non-furnished to furnished suites depending on demand. Every suite has kitchen, internet and cable service. In suite/coin op shared laundry and/or commercial linen services are available. Profitable building with low vacancy rates located in the Gasoline Alley West Business Park in Red Deer County.

Courtesy Of Lee Smithson , RE/MAX Real Estate
  1. 51,723 Sq. Ft.
  2. 1.61 Lot

Main Features

  • Listing Status: Active
  • Year Built: 2017
  • Floors: 4
  • Units: 92
  • Zoning: DCD-9
  • MLS® Number:E4145035

Additional Features

  • Business Type:
    • Accommodation/Travel and Tourism
    • Hotel/Motel
  • Type:
    • Business with Property
  • Section:
    • 29
  • Amenities:
    • Alarm System
    • Detectors Smoke
    • Elevator Passenger
    • Emergency Lighting
    • Highway Access
    • Hot Water Natural Gas
    • Laundry Facility
    • Laundry-Coin-Op
    • Laundry-In-Suite
    • Low Maintenance Landscape
    • Natural Light
    • Parking-Visitor
    • Paved Lot
    • Paved Yard
    • Pylon/Sign
  • Community:
    • None
  • Nearest Town:
    • Red Deer
  • Quarter:
    • Southeast
  • Township:
    • 37
  • Services:
    • Fully Serviced
  • Lot Size (Hectares):
    • 0.65
  • Lot Size (Sq. Mtrs.):
    • 6515.44
  • Lot Size Sq Ft:
    • 69983
  • Total Acres:
    • 1.61
  • Total Flr Area (SF):
    • 51723
  • West Meridian:
    • 4
Neighborhood info courtesy of Homes.com © 2020
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Sid Yar
Sid Yar
Associate
201, 5607-199 Street Edmonton AB T6M 0M8
52.20211 -113.82273

439 Memorial Parkway Rural Red Deer County, AB T4E 1Z8

232267362 52.20211 -113.82273 732 /listing/232267362-150112695/439-memorial-parkway-rural-red-deer-county-ab-t4e-1z8 False 0 10500000 51723 107 E4145035 False
  • $10,500,000
  • 51,723 sqft
  • 1.61 lot