Investor Alert! Newer award winning building in Nanaimo with consistent very good occupancy in desirable University district of Nanaimo. This is a safe profitable investment perfectly located directly across the street from the Vancouver Island University, a perfect investment for passive income or buyer(s) who wishes to be involved in the ongoing management. Lots of opportunity for expansion for more cash flow. With 27 high end units consisting of 13 single bed and 14 double beds. Perfect for investors looking for employment and an investment at the same time. This 3 floor building is sure to impress with its 5 star high end construction is almost maintenance free for years to come and features such as granite counter tops throughout, quartz tile foyer, modern paint scheme, low-E windows, high efficiency multiple zoned hot water heating system, fully pressurized building, ample outside parking with lane access, separate secured bicycle storage room, on site laundry, 3 large common areas on each floor with own fridge and stoves, huge covered deck and lower patio, wireless high speed internet throughout building, on bus route and features a large office with on-site manger and 24 hr phone support as well as a great website. Building of this stature do not come along often. (id:25559)
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.