About Highwood Apartments

> Significant recent capital improvements to building exterior (2012/2013)
> Located in a desirable rental neighbourhood in close proximity to local amenities
> Clear title allowing for new financing at record low mortgage rates
> Outstanding curb appeal with a dominant presence in the community overlooking a ravine
> Single opportunity to acquire a significant position within Red Deer’s vibrant Multi-family market
> Vacancy rate in Red Deer of 1.3% (October 2012) is the lowest in Alberta
  • Property Type Multifamily
  • Status Existing
  • Sale Price $6,200,000
  • Net Operating Income $356,174
  • Total Available Space 40,677 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 0 SF
  • Min Divisible 0 SF
  • Max Contiguous 0 SF
  • Building Size 40,677 SF
  • Year Built 1978

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