438 Wakesiah Ave Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9R3K8
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 (id:24570)
Location
Province BC
Zoning Unknown
Interior
Heating Baseboard heaters,Hot Water,
Cooling None
Exterior
Garage No
Waterfront No
View Y/N Yes
View City view,Mountain view
Total Parking Spaces 17
Private Pool No
Others
Ownership Freehold