438 Wakesiah Ave, NANAIMO

$4,900,000

0 Beds
0 Baths
14,273 Sqft
0 Acres
0 Garages

Investor Alert! Award winning building in Nanaimo with consistent occupancy directly across from the Nanaimo Vancouver Island University. 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 who wishes to be involved in the ongoing management. Lots of opportunity for expansion for more cash flow. With 25 high end units consisting of 13 single bed and 12 double bed rooms. Perfect for investors looking for employment and an investment at the same tittle. This 3 floor building is sure to impress with its 5 star high end construction & almost maintenance free for years to come & features such as granite counter tops throughout, quartz tile foyer, modern paint scheme, low-E windows, high efficiency multiple zoned hot water heating system, pressurized building, ample outside parking with lane access, separate bicycle storage room, on site laundry, security cameras + more.

Essential Information
MLS® #458882
Price$4,900,000
Square Footage14,273
Year Built2012
TypeCommercial
Sub-TypeBuilding and Land
StatusActive
Community Information
Address438 Wakesiah Ave
AreaZ4 University District
CityNANAIMO
ProvinceBC
Postal CodeV9R 3K8
Office

Sutton Group-West Coast Realty (Nan)

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