Multi-family apartment building for sale Vancouver Island BC - A rare opportunity to acquire an extensively renovated, and completely rebuilt sixteen (16) unit rental apartment building for sale. This highly desirable apartment building is a superb opportunity for an investor to acquire a stable cash-flowing asset with below market financing in the amenity rich township of Esquimalt. Investment Highlights ---Assumable mortgage locked in at 3.2% until 2029 ---Property is held in a bare trust, offering a purchaser the opportunity to save on the property transfer tax ---Entire building and all suites have undergone significant renovations ---On-site parking and in-suite laundry for all tenants ---Rental upside upon tenant turnover (rents are currently below market) ---Centrally located within walking distance to schools, grocery stores, restaurants, cafes, parks, and the ocean ---All 16 units have been updated with a high-quality modern finish and all 12 (1) bedroom suites have their own private balcony
Price:
$5,850,000
Property Type:
Multifamily
MLS® Num:
909194
Status:
Active
Courtesy of:
Colliers
Multi-family apartment building for sale Vancouver Island BC, Vancouver island Multi-family apartment building for sale, bc Multi-family apartment building for sale, bc investment property
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Multi-family apartment building for sale Vancouver Island BC, Vancouver island Multi-family apartment building for sale, bc Multi-family apartment building for sale, bc investment property
Multi-family apartment building for sale Vancouver Island BC, Vancouver island Multi-family apartment building for sale, bc Multi-family apartment building for sale, bc investment property
Multi-family apartment building for sale Vancouver Island BC, Vancouver island Multi-family apartment building for sale, bc Multi-family apartment building for sale, bc investment property
Multi-family apartment building for sale Vancouver Island BC, Vancouver island Multi-family apartment building for sale, bc Multi-family apartment building for sale, bc investment property
Multi-family apartment building for sale Vancouver Island BC, Vancouver island Multi-family apartment building for sale, bc Multi-family apartment building for sale, bc investment property
Multi-family apartment building for sale Vancouver Island BC, Vancouver island Multi-family apartment building for sale, bc Multi-family apartment building for sale, bc investment property
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