About 1-7, 205 Reed Avenue
Multi-Unit Investment Opportunity – Located just 1 hour south of Lloydminster, this fully occupied multi-family complex is an excellent revenue property. The building features 7 units with a total of 10 bedrooms, offering strong rental demand in the region. The Main Floor Units feature 4 one-bedroom suites, each with private access to a spacious wrap-around deck leading to the exterior parking area. The Lower Level units feature 3 two-bedroom suites, providing comfortable layouts ideal for long-term tenants. All suites are equipped with a kitchen, living room, and full 4-piece bathroom, with convenient access to shared laundry facilities. Additional highlights include electrified exterior parking and the advantage of an on-site property manager who oversees tenant move-ins/outs and building maintenance. Currently at full occupancy with a waiting list, this property provides consistent cash flow and serves a strong demand for affordable housing in Alberta’s oil patch.
Features of 1-7, 205 Reed Avenue
MLS® # | A2257846 |
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Price | $439,900 |
Bathrooms | 0.00 |
Square Footage | 2,200 |
Acres | 0.00 |
Year Built | 1999 |
Type | Multi-Family |
Sub-Type | Apartment |
Status | Active |
Community Information
Address | 1-7, 205 Reed Avenue |
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Subdivision | Hayter |
City | Hayter |
County | Provost No. 52, M.D. of |
Province | Alberta |
Postal Code | T0B1X0 |
Amenities
Parking Spaces | 10 |
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Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Range Hood, Refrigerator, Range |
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Fireplace | No |
# of Stories | 1 |
Has Basement | No |
Additional Information
Date Listed | September 22nd, 2025 |
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Zoning | R1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | LPT Realty |
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