Introducing an extraordinary opportunity to own this rarely offered 25 unit strata building with separate titles for each unit in Prince George. Clean & well managed, the building is fully occupied with great tenants & has a great mixture of suites with 5 bachelor, 12 one-bedroom & 8 two-bedroom units. It is ideally situated minutes from shopping, the university, the college, walking distance to bus routes & in the Lakewood subdivision. The building has been very well maintained with numerous capital expenditures. Each unit is separately metered, with tenants paying their own hydro. The top 2 floor's suites have balconies. There is ample parking with 1 or more spots per unit & all are wired for vehicle plug ins. Rental increases & natural tenant turnover in conjunction with market growth, will let a savvy investor have the opportunity for a projected cap rate that is higher. Lot size meas. is taken from BC Assess, all meas. approx. & all info to be verified by buyer if deemed important. * PREC - Personal Real Estate Corporation (34767202)
Property Type
Multi-family
Time on REALTOR.ca
58 days
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