250 Victoria Road
Nanaimo, British Columbia
Building
Stats
- Property Type Multifamily - Low-Rise/Garden
- Year built 1976
- Building size (SF) 1
- Size (Ac) 19,680
- Price $7,800,000 CAD
Overview
The Avison Young Multi-Family Team is pleased to market
for sale 250 Victoria Road Nanaimo, BC (the “Property”). The Property features a 19,680-sf lot improved with a newly renovated wood-frame rental apartment building offering a high operating yield. This offering presents an investor with an opportunity to acquire an extensively renovated rental apartment building in a growing supply-constrained market.
Highlights
Desirable location within walking distance to
downtown Nanaimo, nearby an abundance of
shopping, services, and amenities
Suites feature insuite laundry and dishwashers
Extensively renovated building and suites
(renovations completed in 2019)
Tenants pay their own utilities
Additional revenue from storage on site
Bus stop located steps from the Property |
Access to the 7 bus line
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