1123-1137 Borden Street

Prince Rupert - City Prince Rupert V8J 1V6

Attention investors - rare opportunity to acquire Cliffside Apartments, a 24-unit stratified residential rental property situated in a quiet and private setting with ocean and city views. Constructed in 1962 as two 12-unit buildings, the seller owns all 24 units and is offering the property as one package. Unit mix includes 4 three-bedroom units, 4 two-bedroom units, and 16 one-bedroom units. The property is currently fully occupied with stable, long term tenants providing consistent income. Many units offer ocean or city views all within a quiet, private setting. It is also situated within a short walking distance to the downtown core, shops, restaurants, grocery store, and schools. Additional upside potential exists through the future sale of individual strata units or potential Expansion possibilities, subject to city approvals. Situated on approximately 1.39 acres, the property also offers approximately 3,000 sq ft of basement storage space. Pride of ownership is evident throughout.