438 Wakesiah Ave, Nanaimo

$4,900,000

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

Investor Alert! Newer award winning University student housing building in Nanaimo with consistent occupancy in directly across road from the VIU. This is a safe profitable investment perfectly located directly across the Street from the 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 beds rooms. Perfect for investors looking for employment and an investment at the same time. This 3 floors 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, full camera security system, as well as a great website. Buildings of this stature do not come along often. All info/data not to be relied upon and must be verified if important. (id:6289)

Essential Information
Listing #458882
Price$4,900,000
Bathrooms0.00
Square Footage14,273
Year Built2012
TypeMulti-family
Community Information
Address438 Wakesiah Ave
SubdivisionZ4 University District
CityNanaimo
ProvinceBritish Columbia
Postal CodeV9R3K8
Office

Sutton Group-West Coast Realty (Nan)

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