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Multifamily

Canoe Court

4045 1st Ave, Prince George, BC V2M 4N2

Listing Price: $3,999,000

Cap Rate
4.90%
Number of Units
21
GRM
13.52
Price/Unit
$190,429
Price/Gross SF
$77.73
Gross SF
51,450

Investment Overview

Canoe Court is a multifamily complex consisting of 21 3 bedroom, 1.5 bathroom stratified townhomes. Each townhome is approximately 1500 square feet including an unfinished basement. The strata-titled nature of Canoe Court provides options for the investment in the future.

Investment Highlights

  • The townhomes are well maintained and feature breaker panels, electric baseboards for heating, and individual hot water tanks.
  • Priced significantly below the assessed value, Canoe Court offers secure cashflow with tremendous proven upside on turnover.
  • Capital upgrades include new roofs in 2014 and double-glazed energy efficient windows installed in 2012.
  • The Property is well located just west of the downtown core and within a residential neighbourhood

Exclusively Listed By

Multifamily

Canoe Court

Listing Price: $3,999,000

Cap Rate
4.90%
Number of Units
21
GRM
13.52
Price/Unit
$190,429
Price/Gross SF
$77.73
Gross SF
51,450

Investment Highlights

  • The townhomes are well maintained and feature breaker panels, electric baseboards for heating, and individual hot water tanks.
  • Priced significantly below the assessed value, Canoe Court offers secure cashflow with tremendous proven upside on turnover.
  • Capital upgrades include new roofs in 2014 and double-glazed energy efficient windows installed in 2012.
  • The Property is well located just west of the downtown core and within a residential neighbourhood

Investment Overview

Canoe Court is a multifamily complex consisting of 21 3 bedroom, 1.5 bathroom stratified townhomes. Each townhome is approximately 1500 square feet including an unfinished basement. The strata-titled nature of Canoe Court provides options for the investment in the future.

Exclusively Listed By

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