1753 Upland St - Apartments FOR SALE


Prince George, BC V2L 2V5
$1,500,000 CAD
778-763-0740
1753 Upland St, Prince George, BC for Sale
$1,500,000 CAD
Apartments - FOR SALE
1/11
null | Request Cap Rate

1753 Upland St
Prince George, BC V2L 2V5


HIGHLIGHTS

  • Prime location close to downtown Prince George and major employment centers.
  • 10 minute walk to the University Hospital and its $1.6 billion, 232 bed 11 storey expansion scheduled to start in 2027 and complete by 2031.
  • Significant and recent capital improvements, approximately $300,000. After 46 years of ownership, Parkview Manor has proudly been prepared for sale!

OVERVIEW

Parkview Manor is an established 12-suite 3 storey walk up multifamily property offering an excellent investment opportunity in the growing Prince George market. Recent capital improvements on building exterior, interior areas, and 8 suite upgrades has enhanced tenant retention and overall property appeal. Professionally managed, the asset now offers stabilized occupancy, strong renter demand with significant potential for income growth. With only 4 remaining suites to turnover, rents will adjust and align with market rates and the annual income will increase to over $193,000. For the 12 months starting August 1, 2026, to Aug 2027 income is projected to $155,000 and NOI to $93,000 with a projected cap rate of 6.25%.

FOR SALE DETAILS

PRICE

$1,500,000 CAD

PRICE/SF

$137 CAD /SF

# OF UNITS

12

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkview Manor

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,024 SF

ZONING

RM4

APN/PARCEL ID

011853018,011853077,011853115

ASK ABOUT THIS PROPERTY

Bob MooreDexter RealtyMore Info
778-763-0740

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Bob MooreDexter RealtyMore Info
778-763-0740

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.