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:4069)
| Address |
1595 INGLEDEW STREET |
| List Price |
$3,388,000 |
| Property Type |
Multi-family |
| Area |
British Columbia |
| Sub-Area |
Prince George |
| Floor Area |
16,500 Sq. Ft. |
| Lot Size |
0.37 Sq. Ft. |
| Year Built |
9999 |
| MLS® Number |
C8060699 |
| Listing Brokerage |
Royal LePage Aspire Realty
|
| Postal Code |
V2L1K6 |
