438 Wakesiah Ave Active

Nanaimo,BC V9R3K8

$ 5899000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision University District

MLS Listing ID 969288

Originating Board Vancouver Island Real Estate Board

Lot Size 0.297 Acres

Acres 12917.0

Property Description

Presenting a unique investment opportunity: an award-winning student housing apartment building located on Vancouver Island. This prime property is situated directly across from Vancouver Island University, ensuring a steady and consistent occupancy rate. The three-level building comprises 25 fully-equipped units, including 13 one-bedroom and 12 two-bedroom apartments. Each unit features its own kitchen and bathroom, providing students with privacy and convenience. Granite countertops throughout add a touch of luxury to these modern living spaces. Each floor offers a common area designed to foster communication and community among residents. Additionally, every level is equipped with a public washroom and a coin-operated laundry facility for added convenience. The lower level includes a secure bike storage room, catering to the needs of environmentally-conscious students. The property boasts 17 parking spaces located in the back lane, providing ample parking for residents. A balcony on the top of the building offers a relaxing outdoor space with stunning views. This student housing complex represents a safe and profitable business venture, thanks to its prime location and high demand. Don't miss this chance to own a prestigious, high-occupancy property in a thriving university area. Measurement is approximate, pls verify if important. If you need information package or book a showing, please contact CO LISTING AGENT ELVIS YIN at elvisrealestatetrade@gmail.com or 672-338-7654 (id:24570)

Location

Province BC

Zoning Unknown

Interior

Heating Baseboard heaters,Hot Water,

Cooling None

Exterior

Parking Features No

View Y/N Yes

View City view,Mountain view

Total Parking Spaces 17

Private Pool No

Others

Ownership Freehold

View More
Favorite Go Tour