1595 Ingledew Street Prince George, BC V2L 1K6
Listing Courtesy of:  CREA / Royal Lepage Aspire Realty

  1595 Ingledew Street Prince George, BC V2L 1K6

Active (12 Days)

Description

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:41440)

MLS®:
C8060699
Lot Size
0.37 acres
Type
Multifamily
Year Built
9999
County
Fraser-Fort George

Listed By

Denise Dykes, Royal Lepage Aspire Realty
Source
CREA
Last checked Jun 22 2024 at 12:59 PM GMT+0000
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Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 6/22/24 05:59