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$4,450,000
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2235 Mountview Cres, Port Mcneill, BC

Real Estate

For Sale

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  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $14,749
Days Active 34
Approx. Age 
MLS® Number 1004796

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to acquire two townhome rental buildings comprising 33 units, offering substantial rental upside in the growing town of Port McNeill on Vancouver Island, BC. Both properties enjoy prime locations within Port McNeill. 2235 Mountview Crescent is situated directly beside Sunset Elementary and North Island Secondary School, making it ideal for families. This property showcases panoramic north facing ocean views. Meanwhile, 2801 Mine Road is positioned next to Port McNeill Hospital, offering strong appeal for healthcare workers and residents alike. Each site provides convenient access to the town's amenities, services, businesses, and schools. Investment highlights include: current rental rates are below market, as demonstrated by the rent roll compared to more recently secured rents-offering a strong value-add opportunity for investors seeking upside potential; and the buildings have been well maintained by current owner. Cap rate is 7.85Show Description
MLS® Number1004796
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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