438 Wakesiah Ave Nanaimo, British Columbia V9R 3K8

14273 sqft


Investor Alert! Newer award winning University student housing building in Nanaimo with consistent occupancy in directly across road from the V.I. University. 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. Plenty of commercial space 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 student 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 decks on two floors and lower walk out patio, wireless high speed internet throughout building, on bus route and features a large office with on-site manager and 24 hr phone support, new camera security system throughout, 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:33633)

Property Details

MLS® Number 468627
Property Type Multi-family
Neigbourhood Z4 University District


Constructed Date 2012
Fireplace Present No
Size Interior 14273 Sqft


Acreage No
Size Frontage 100 Ft
Size Irregular 100 X 130
Size Total Text 100 X 130



Contact us for more information

Generating Captcha

Your Favourites


No Favourites Found