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

Courtesy of Lee Smithson of RE/MAX Real Estate.

$10,500,000
List Price
$10,500,000
MLS® #
E4145035
Year Built
2017
Region
Red Deer County

Property Description

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.

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MLS® Data is made available from the REALTORS® Association of Edmonton. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2020 by the REALTORS® Association of Edmonton. All Rights Reserved. Data was last updated .