My Listings

8619 99 Avenue
Fort St. John - City SE Fort St. John V1J 4T3

$6,985,000
Multi-Family Commercial

Main Photo: 8619 99 Avenue in Fort St. John: Fort St. John - City SE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8041437
Photo 1: 8619 99 Avenue in Fort St. John: Fort St. John - City SE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8041437
Photo 2: 8619 99 Avenue in Fort St. John: Fort St. John - City SE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8041437
Photo 3: 8619 99 Avenue in Fort St. John: Fort St. John - City SE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8041437
Photo 4: 8619 99 Avenue in Fort St. John: Fort St. John - City SE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8041437
Photo 5: 8619 99 Avenue in Fort St. John: Fort St. John - City SE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8041437
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8041437
Build. Type:
Freestanding
Windsor Estates and Shamrock Townhomes are comprised of 2 adjacent properties on 3.28 acres with 50 three bedroom townhomes. The cap rate is 6% with nearly 100% occupancy. The units average 944 sq. ft. Both properties have been extensively renovated and upgraded. Windsor estates has on the exterior updated siding, roofing, facia, soffits, windows, doors, rear and front covered decks, concrete parking area and landscaping. Interiors have new flooring, trim, paint and electrical. Bathrooms have been updated and kitchens have SS appliances, new cabinets and quartz countertops. Shamrock Townhomes have full basements with washers and dryers. Extensive renovations include wood plank living room floors, kitchen flooring and kitchen cabinets. All units have a fenced yard area with wood patios. Family oriented and very much in demand 1 block from local Elementary School and 3 blocks for Secondary School.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Freestanding
# Units:
50
# Other Units:
0
# of Appartments:
50
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
0
# of 2 Bedroom Appartments:
0
# of 3 Bedroom Appartments:
50
# Storeys:
2.0
Year built:
1977 (Age: 45)
Total Floor Area:
1.08 acre(s)
Lot Area:
1.64 acre(s)
Land Use/Zoning:
RM-1
Permitted Use:
Multifamily (5+)
Taxes:
$41,437 / 2021
Visitor Parking, Fenced Yard
Services Connected:
Electricity, Paved Streets
Water Supply:
Municipal
HVAC:
Baseboard, Electric
Roof:
Asphalt Shingles
Sewer Septic:
Municipal/Community
Potential to Redevelop:
No
Env Assmt Phase:
No
Cap Rate %:
6.0
Other Income:
$0
Effective Gross Income:
$618,000
Gross Income:
$618,000
Oper. Expenses:
$197,000
Net Operating Income:
$421,000
Original Price:
$6,985,000
  • Photo 1: 8619 99 Avenue in Fort St. John: Fort St. John - City SE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8041437
    Photo 1 of 5
  • Photo 2: 8619 99 Avenue in Fort St. John: Fort St. John - City SE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8041437
    Photo 2 of 5
  • Photo 3: 8619 99 Avenue in Fort St. John: Fort St. John - City SE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8041437
    Photo 3 of 5
  • Photo 4: 8619 99 Avenue in Fort St. John: Fort St. John - City SE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8041437
    Photo 4 of 5
  • Photo 5: 8619 99 Avenue in Fort St. John: Fort St. John - City SE Multi-Family Commercial for sale (Fort St. John (Zone 60))  : MLS®# C8041437
    Photo 5 of 5
Listed by Maude, MacKay & Company Limited
Data was last updated January 17, 2022 at 04:35 AM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.