This 18-unit townhouse complex presents a compelling investment opportunity in a Central Prince George location. Comprised of 3 separate buildings, the property features 2-storey homes with basements, each offering 3 bdrms & 1.5 baths, with 2 units additionally providing a finished 4th room/den in the basement. Each unit is approximately 1,770 sq ft. Every townhouse includes its own private fenced backyard, enhancing tenant appeal. The complex generates substantial annual rental & offers a strong 7.07 percent cap rate. Extensive interior renovations have been completed over the past 10 years, including updates to kitchens, bathrooms, flooring, & paint, resulting in a modernized living environment & reduced near-term capital expenditure requirements. Ideally located close to elementary & secondary schools, shopping, public transit, and the UHNBC, this property combines stable income, upside potential, & a central location. Turnkey asset for investors seeking reliable cash flow. NDA required (id:27476)
