Invest in this updated 14-unit apartment building in Fort St. John, built in 1967 on an 11,600 sq ft lot. It offers a suite mix of 1 bachelor, 5 one-bedroom, and 8 two-bedroom units. The property features seven renovated suites, new hot water tanks, and updated safety systems. It generates over $96,000 in net income annually with a 6.88% cap rate. The Fort St. John market is robust, bolstered by the LNG Canada project—a joint venture involving Shell, PETRONAS, PetroChina, Mitsubishi Corporation, and KOGAS—set to commence exports in 2025, primarily targeting Asian markets. (36080210)
Property Type
Multi-family
Time on REALTOR.ca
27 days
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