438 Wakesiah Ave

438 Wakesiah Ave Nanaimo

$5,899,000
City:
Nanaimo
Prop. Type:
Multi-family
MLS® Num:
N/A
Status:
N/A
Bedrooms:
0
Bathrooms:
0
Year Built:
0
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
Property Type:
Multi-family
Total Floor Area:
N/A
Home Style:
N/A
Total Bedrooms:
0
Total Rooms:
N/A
Depth:
N/A
Total Baths:
0
Year Built:
0 (Age:2024 )
Frontage:
N/A
Construction:
N/A
Roof:
N/A
Parking:
N/A
Heating:
Baseboard heaters, Hot Water
Heating fuel:
N/A
Water supply:
N/A
Fireplace fuel:
N/A
Fireplace Details:
N/A
Title to Land:
Freehold
Sewer:
N/A
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Amit Bindra
  • City 2 City Real Estate Services Inc.
  • 202 9453 120st, Delta, BC V4C6S2
  • 778-564-3008
  • [email protected]