1/367871-7925 SOUTHRIDGE AVENUE, Prince George
7871-7925 SOUTHRIDGE AVENUE, Prince George, BC V2N6S4
$3.0M total
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
88%
Year Built
2025
Lot Size
0.51 ac
About this property
These two side-by-side legal 4-plexes are brand new, fully rented, and are in one of the best neighborhoods and school catchments in Prince George. Together they boast five 3-bedroom suites, one 2-bedroom suite and two 1-bedroom suites all rented for a total of $18,478 par month. Stabilized expenses excluding financing but including management are only $5,759.50 per month meaning this property can generate some serious cash flow. While being sold as a package, each 4-plex is individually titled so the lower non-commercial down payment requirements of 20% can apply. Worried about maintenance? Property is covered by 10-5-2 warranty and will not have issues for years to come. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$14K
Projected NOI
$106K
Annual cash flow
$-61K
Cash-on-cash
-6.73%
DSCR
0.64
Going-in cap
3.52%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
110,167
Households
48,215
Median income
$81,000
Median age
39.4
Daytime population
126,807
5-yr growth
1.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 7871-7925 SOUTHRIDGE AVENUE, Prince George.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.