438 Wakesiah Ave Nanaimo, British Columbia V9R 3K8
$5,899,000
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:55599)
Business
| Business Type | Accommodation |
| Name | Cold Moon Student House |
Property Details
| MLS® Number | 969288 |
| Property Type | Multi-family |
| Neigbourhood | University District |
| Features | Central Location, Level Lot, Southern Exposure, Sloping, Other |
| Parking Space Total | 17 |
| Plan | Vip88789 |
| View Type | City View, Mountain View |
Building
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Hot Water |
| Size Exterior | 13264 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 12917 |
| Size Total | 12917 Sqft |
| Size Total Text | 12917 Sqft |
| Zoning Description | Cor1 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27116139/438-wakesiah-ave-nanaimo-university-district
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July 03 2024 05:41:58
Vancouver Island Real Estate Board
Sutton Group-West Coast Realty (Nan), Nu Stream Realty Inc.