My Listings
9816 103 AVENUE
Fort St. John - City NE
FORT ST. JOHN
V1J 2H2
$1,098,000
Commercial
SOLD OVER THE LISTING PRICE!
- Status:
- Sold
- Prop. Type:
- Commercial
- MLS® Num:
- C8042982
- Sold Date:
- Apr 22, 2022
Melsher Manor is a unique apartment building in downtown Fort St John. It's massive 3-bedroom penthouse is one-of-a-kind. Unit mix includes 2 x One-Bedroom Suites, 10 x Two-Bedroom Suites, and 1 x Three-Bedroom Penthouse. The penthouse is truly stunning! The property's central location is perfect for working tenants who like to be close to all local stores and restaurants. As a result, the building stays consistently full. For the same price as a townhome in Fraser Valley, this building generates over $70,000 in annual income. Cap rate is 6.50% and year-one yield is projected at 14.34%. The Fort St John rental market is hot. The "Energetic City" has been attracting value-focused investors from across the country. Act today to capitalize on this high-growth market.
- Price:
- $1,098,000
- Property Type:
- Commercial
- MLS® Num:
- C8042982
- Status:
- Sold
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Listed by Royal LePage Sterling Realty
Data was last updated October 13, 2024 at 09:10 AM (UTC)
- VICTOR SONG
- Royal LePage Sterling Realty
- 1 (604) 779-8408
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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