Greenbriar Apartments

9819-9820 102 Ave, Fort St John

Sold for $2,060,000

SPECIFICATIONS

Sale Price · $2,060,000
Price Per Unit · $85,833
Number of Units · 24
Unit Mix · 2 x One Bedroom, 22 x Two Bedroom
Year Built · 1979
Zoning · RM-1
Parking · 30+ Paved Parking Spaces
Rentable Sq Ft · 18,900 Sq Ft
Lot Size · 24,400 Sq Ft (0.56 Acres)
Property Type · Apartment Building

DESCRIPTION

Greenbriar Apartments includes two substantially renovated buildings located directly across from each other. The buildings contain 24 units with 22 two-bedroom units and 2 one-bedroom units. 

Nineteen of the units have been renovated to a high standard. Upgrades include new flooring, counters, kitchen cabinets, paint and interior doors.  As a result, these units are preferred by tenants, keeping your investment property full.

Building upgrades include a new hot water on demand system, hot water tank, fire panel, enter phone, new exterior doors and new washer/dryers. Shared laundry in each building is located on the ground floor.  All these upgrades mean that the future repair and maintenance budget stays low.

Fort St John is poised to grow faster than ever. Led by an emerging natural gas industry and the resultant job expansion, population growth of as much as 10% is coming by 2025. As the largest hub in north-east British Columbia, Fort St John is again becoming one of the hottest markets in Canada.

LOCATION

Civic Addresses
9819 102 Ave, Fort St John
9820 102 Ave, Fort St John

Legal Description
Lot 11 & 12 Block 2 Plan PGP2338 Section 6 Township 84 Range 18 Meridian Land District 44
Lots 4 & 5 Block 3 Plan PGP2338 Section 6 Township 84 Range 18 Meridian Land District 44

PIDs
013-913-981, 013-914-006, 013-914-014, 013-914-022