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:58436)
MLS® Number | C8067709 |
Property Type | Multi-family |
Constructed Date | 9999 |
Size Interior | 16,500 Ft2 |
Acreage | No |
Size Irregular | 0.37 |
Size Total | 0.37 Ac |
Size Total Text | 0.37 Ac |
https://www.realtor.ca/real-estate/28051602/1595-ingledew-street-prince-george
Contact us for more information
Denise Dykes
Personal Real Estate Corporation
(250) 564-4488
(800) 419-0709
(250) 562-3986
www.royallepageprincegeorge.com/
Darcy Porsnuk
(250) 564-4488
(800) 419-0709
(250) 562-3986
www.royallepageprincegeorge.com/
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