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1595 Ingledew Street Prince George, British Columbia V2L 1K6

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16500 sqft

$3,388,000.00

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:45575)

Property Details

MLS® Number C8060699
Property Type Multi-family

Building

ConstructedDate 9999
SizeInterior 16500 Sqft

Land

Acreage No
SizeIrregular 0.37
SizeTotal 0.37 Ac
SizeTotalText 0.37 Ac

https://www.realtor.ca/real-estate/27027121/1595-ingledew-street-prince-george