The Largest Number of Homes for Sale
Multi-family for sale
8604 87 Avenue, Fort St. John - City SE, Fort St. John
$2,163,000
$2,163,000
Multi-family for sale
8604 87 Avenue, Fort St. John - City SE, Fort St. John
Features
Year Built
1980
Lot Size
22,500 sqft
Gross Property Tax
$10,438.97 /year
Building Type
Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
Building / Complex Name
Countryside 8
Zoning
RM-2
# of Parking Spaces
21
Subject Property Width
150 ft
Subject Property Depth
150 ft
Amenities
Balconies, Laundry Facility, Secured Building
Suite Mix Information
x Bachelor/Studio, 8 x 1 ½, 12 x 2 ½
Total no. of Units
21
Financial Summary
$224,130
Description
Fantastic opportunity to add a quality updated building showing a CAP rate of just under 6% to your portfolio in a perfect location in Canada's strongest economic corridor - Fort St John and North East BC - home to BC Hydro's Site C Dam, Shell's LNG Canada project and many other major industrial initiatives. The region offers some of the highest median household incomes in Canada and job opportunities virtually unparalleled in Canada. The building offers 12 x 2 bedroom units and one 1 bachelor and 8 x one bed units. Coin operated laundry facilities. Many units have been updated including flooring, cabinetry, appliances and more. Great residential downtown location within walking distance to all major amenities (schools, shopping, entertainment) makes demand for these buildings strong year round. Several upgrades including balconies and suite renovations. This property is professionally managed and ready to perform as a turnkey asset in your portfolio.
MLS® Number C8071298