Multi Family

10420 96 Avenue
Fort St. John - City SW Fort St. John V1J 1L5

$1,950,000
Multi-Family Commercial

Main Photo: 10420 96 Avenue in Fort St. John: Fort St. John - City SW Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS® # C8013845
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8013845
Status:
Active
To acquire a 100% interest in a prime, high-density, 3.85 acre, multi-family residential development site located in the heart of Fort. St. John, BC. The site is generating strong holding income from 34 pads and the majority are long-term tenants. Current NOI (2016) is $83,817 (4.3% Cap) with potential NOI of over $100K. Located Northeast of Vancouver, Fort St. John is home to over 19,000 people and is the largest regional service center in Northeastern BC, servicing 64,000 people in outlying areas. The City is in favour of rezoning to RM-2 to allow you to build 125 units/hectare. There is a management company in place for stress-free ownership!
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
See Remarks
# Units:
34
Land Use/Zoning:
R3
Taxes:
$13,794 / 2016
HVAC:
See Realtor Remarks
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
$83,817
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
  • Photo 1: 10420 96 Avenue in Fort St. John: Fort St. John - City SW Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS® # C8013845
    Photo 1 of 1
Macdonald Commercial R.E.Serv.
Listing information last updated on 27-Jul-2017 7:05 PM