Multi-family for sale

10604 101 Avenue, Fort St. John - City NW, Fort St. John

$1,250,000 or
Multi-family for sale in Fort St. John - City NW, Fort St. John, Fort St. John, 10604 101 Avenue, 224947682 | Realtylink.org
$1,250,000 or

Multi-family for sale

10604 101 Avenue, Fort St. John - City NW, Fort St. John

Features

Lifestyle
224947682 1250000 /en/multi-family~for-sale~fort-st.-john-city-nw-fort-st.-john/224947682?view=Summary /en/multi-family~for-sale~fort-st.-john-city-nw-fort-st.-john/224947682/photos 56.2477200000 -120.8580500000 true
Lot Size
24,420 sqft
Gross Property Tax
$5,142.27 /year
Building Type
Freestanding
Zoning
C3
Amenities
HVAC System, Laundry Facility, Lunchroom, Storefront, Visitor Parking, Washrooms Female/Male, Fenced Yard
Suite Mix Information
x Bachelor/Studio, 1 x 3 ½

Description

Maples Court is a motel conversion property for sale in downtown Fort St John, British Columbia. Available at a tiny fraction of construction cost, this motel is ready for your renovation ideas. The property contains 37 motel-sized units and a move-in-ready 3-bedroom Owner's Suite. Motel units are currently used as a rooming house with shared kitchen and bathroom facilities. Mechanical upgrades have been completed. Two new furnaces, two new boilers and new hot water tanks were recently installed. Rooms are unfinished plywood. All motel suites are in need of interior finishings. Owner's suite is ready to occupy. Conservative estimates of replacement cost exceed $2.5m at today's construction prices. This makes for a unique opportunity to add value by converting Maples Court to a functioning motel or rental building for much less than of the price of a new building. Perfect motel for owner occupiers or new Canadians looking for cash-flow business opportunity.
MLS® Number C8042613

Listing REALTOR®

Seth Baker, REALTOR<sup>®</sup>

Seth Baker

REALTOR®

Multifamily Real Estate Services Corporation

Multifamily Real Estate Services Corporation,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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