702 – 730 Kuldo Blvd, Kitimat Northern BC

$10 998 000
Property type: Apartment Building
Area (Sq Ft)
64,000
Units
80
Price Per Unit
137,475

Specifications

  • Land Size: 207,694 Sq Ft
  • Year Built: 1957
  • Land Size (Acres): 4.77
  • Buildings: 8
  • Storeys: 3
  • Zoning: R-3A

Description

SOLD FOR FULL ASKING PRICE!

Unique opportunity to acquire 8 buildings with 80 apartment units on 4.77 acres of land in the fastest growing city in Canada.

Kitimat is home to LNG Canada.  LNG Canada is the largest infrastructure project in Canadian history. As a result, more than 7,500 workers are streaming to the community, not to mention countless other to provide ancillary services.  Thousands will be need of rental accommodations. Kitimat’s population will double in a matter of months.

Kuldo Suites is located at 702 – 730 Kuldo Blvd, Kitimat in a well-established residential neighbourhood.  Built in 1957, each strata-titled building contains 10 units. All units have 2-bedrooms and 1-bathroom.

Four buildings have been fully renovated:

  • New Roof, Siding, Windows and Doors
  • New Boiler, Fire System, Plumbing and Updated Electrical
  • 100% Brand New Unit Interiors – Kitchens, Bathrooms, Flooring, Paint, Lighting
  • 100% Brand New Furniture – TV, Couches, Dining Tables/Chairs, Dishes, Cutlery and More

Video tour

Contact the Agent

Seth Baker

Managing Broker & Owner
Phone
(778) 235-9293
Fax
(778) 650-0350
Address
801 - 938 Howe Street
Vancouver, BC, V6Z 1N9
In the rarified realm of rental development and multifamily property investing in British Columbia, Seth Baker is a true standout. As the owner and founder of Multifamily Real Estate Services, Seth has become a formidable force in this fiercely competitive industry. Read on to find out how his unique background, traits, education, work experience and zest for continual improvement have converged to make him one of the most respected professionals in the Vancouver apartment building brokerage world. Seth’s company, Multifamily Real Estate Services, is a widely respected real estate brokerage firm that specializes in connecting professional real estate investors with lucrative opportunities in Metro Vancouver and throughout the province. Located directly in the city, the company assists in the sale of some of the most valuable apartment buildings in the world. Seth’s commitment to forging powerful relationships with multifamily investors and developers provides a unique ability to help all parties…




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