1595 Ingledew Street,Prince George, BC V2L1K6
Prince George, BC V2L1K6
Description
Jacobs Apartments, nestled in the quiet area of the Miller Addition in Prince George is a turnkey investment, that has been well maintained through the years. Sitting on 5 lots, this fabulous investment has 29 units consisting of six 2-bedroom suites, eight 1-bedroom suites & fifteen studios that are fully rented, rarely has a vacancy & has great cash flow . There is in-house laundry which the seller owns, storage lockers & ample parking with 25-30 stalls with plug ins. Rental increases in conjunction with market growth, will let a savvy investor have the opportunity for a projected cap rate that will be higher. Buildings like this do not come along very often & this could be your chance to own a cash-flowing multi-family property that is very easy to manage remotely. Prince George has a diverse local economy and a stable real estate market. Lot size measurement is taken from Tax Assessment, all measurements are approximate and all information is to be verified by buyer if deemed important. * PREC - Personal Real Estate Corporation (id:13843)
Details
| MLS # | C8067709 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 9999 |
| Days On Site | 119 |
| Listing Provided By | Royal LePage Aspire Realty | Denise Dykes |
Features
| SQ Feet | 16,500 |
|---|---|
| Acreage | 0.37 |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Prince George |
| Postal Code | V2L1K6 |
| Listing VS Median (in V2L1K6) | |
Price: $3,288,000 low | high Med: $1,850,000 SqFt: 16,500 low | high Med: 12,650 $ / SqFt: $199 low | high Med: $146 On site: 119 low | high Med: 518.000000 | |