Apartment Buildings for Sale in Victoria, Nanaimo, Campbell River and Vancouver Island

Including apartment buildings and multi-family property for sale in Duncan and the Cowichan Valley, Port Alberni, Esquimalt, Oak Bay, Saanich, Sydney, View Royal, Colwood, Langford, Sooke, Parksville, Qualicum Beach, Courtenay, Comox, Port McNeill and Port Hardy.

Waterfront view from one of the suites at North Shore Manor
View from one of the suites at 30 North Shore Rd Town of Cowichan Lake

13 Suite Waterfront Apartment Building for Sale

Sold by Andre ( Sale Completes in December 2020 )

Price just reduced from $1,720,000 to $1,620,000. Owner wants to sell! Great investment opportunity! You can own this rare 2 storey apartment building situated on the banks of the pristine Cowichan River with gorgeous water & mountain views.  Originally built as a 400 seat movie theatre, the property was redeveloped with all the necessary building permits in the early 80’s as an apartment building. North Shore Manor has a total of 13 units with a history of little or no  vacancies. The suites generate an annual revenue of over $128,340.00. The cap rate for this lucrative investment works out to be 5.7% at a price per suite of $124,615. Newer carpeting,  updated double glazed windows, newer laminate & tile flooring, countertops & bathtubs are just some of the  updates. The property is zoned C-3 and is only a 25 minute drive from Duncan. Centrally located in town, North Shore Manor is within easy walking distance to shops and services.

 

Buying or Selling Apartment Buildings?

Let`s Connect to Discuss Buying and Selling Apartment Blocks on Vancouver Island because I can help!

Below are some photos of apartment buildings for sale that I have sold  in Victoria representing  either the seller or the buyer

Sellers:

Are you planning to sell an apartment building on Vancouver Island? Let me represent you. If you choose me, I will get you top dollar for your apartment building for sale . Compare my very competitive fees and the professional marketing campaign that I offer with others.  For example , a listing commission of 1% or less depending on the selling price of your building.  Another example is a database of all the apartment building owners on Vancouver Island for lightning speed marketing ( Yes, my database even includes information on your building ). Another reason is top ranking search results found on google for apartment buildings for sale when buyers search for an apartment block to buy on Vancouver Island. In conclusion, this is why I am your best choice for marketing your apartment building. Enter your contact information below and I will be in touch

Buyers :

I can help you find the right building to buy from all the apartment buildings for sale on Vancouver Island.  For instance, whether you are searching for a small, medium, or large apartment building, you can benefit from my knowledge and experience with selling multi-family property. Therefore, choose me to represent you as your agent and you won`t be disappointed. With your best interest in mind, I will search and find the right apartment building for you. I will also negotiate the best price for you. Click the button below to learn how I can help you find the right apartment building to buy.