Multi-family for sale
8920 86 Street, Fort St. John - City SE, Fort St. John
$3,650,000
Features
Year Built
1980
Floor Area
46,500 sqft
Lot Size
6,100 sqft
Gross Property Tax
$24,426.46 /year
Building Type
Mul Tenant/MultiPlex (5+)
Zoning
RM2
Suite Mix Information
x Bachelor/Studio, 18 x 1 ½, 22 x 2 ½
Total no. of Units
42
Financial Summary
$407,700
Description
Unique opportunity to purchase a cash-flowing updated apartment building at an approx. 7% CAP in Canada's strongest economic region - home to both BC Hydro's Site C Dam and Shell's LNG Canada project - combined at nearly $100,000,000,000 in project costs! Great residential downtown location within walking distance to all major amenities (schools, shopping, entertainment) makes demand for these buildings strong year round. Pinewood A and B comprise a total of 42 suites, 2 Bachelor, 18 One Bedroom Units and 22 Two Bedroom Units. Coin operated laundry on each floor and several upgrades including on demand hot water heat and furnaces. Roofs are in good shape and many of the units have seen renovations. Currently 5 of the suites are operated as furnished rentals. This property is professionally managed and ready to perform in your portfolio.
MLS® Number C8055254
Need more details?
Visit the REALTOR®'s website to see the detailed sheet for this property.
Need more details?
Visit the REALTOR®'s website to see the detailed sheet for this property.