My Listings

9816 103 AVENUE
Fort St. John - City NE FORT ST. JOHN V1J 2H2

$1,098,000
Commercial

SOLD OVER THE ASKING PRICE!
Main Photo: 9816 103 AVENUE in FORT ST. JOHN: Fort St. John - City NE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8042982
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
  • Photo 1: 9816 103 AVENUE in FORT ST. JOHN: Fort St. John - City NE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8042982
    Photo 1 of 1
Listed by Royal LePage Sterling Realty
Data was last updated June 30, 2022 at 04:40 AM (UTC)
VICTOR SONG
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