Unique opportunity to purchase a cash-flowing updated apartment building at an approx 7% CAP in Canada's strongest economic region - home to both BC Hydro's Site C Dam and Shell's LNG Canada project - combined at nearly $100,000,000,000 in project costs. Great residential downtown location within walking distance to all major amenities (schools, shopping, entertainment) makes demand for these buildings strong year round. Pinewood A and B comprise a total of 42 suites, 2 Bachelor, 18 One Bedroom Units and 22 Two Bedroom Units. Coin operated laundry on each floor and several upgrades including on demand hot water heat and furnaces. Roofs are in good shape and many of the units have seen renovations. Currently 5 of the suites are operated as furnished rentals. Seller is willing to offer 80% vendor financing under an Agreement for Sale for a 2 year term at a 3.75% interest rate - excellent cash flow. Call today for a detailed package on this unique investment opportunity! * PREC - Personal Real Estate Corporation (id:26452)

Other located at 8920 86 STREET. The property was built in 1980. 8920 86 STREET is in the Fort St. John neighborhood.