COURT ORDERED SALE: 25-Unit Strata Titled Townhouse Property. Opportunity to acquire a 25-unit strata titled multi-family townhouse rental project. Upside exists in the current rental income along with the ability to set rental rates on the unfinished units. Comprised of five (5) two-storey buildings approximately 6415 SqFt each for a total of 32,075 SqFt of gross floor area. The property features twenty (20) two bedroom, two-bathroom units and five (5) three-bedroom, two and a half (2.5) bathroom units. Ten (10) of the units (buildings #4 & 5) are currently under construction in "lock up" condition. 3.403 acre site in immediate proximity to the Willow Point seaside community, and only a few blocks from the beach, the property has an unparalleled location within the City of Campbell River and presents a rare offering to the market. Contact listing agent for further information.
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Listed by Colliers International (Nan)
Data was last updated July 27, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$1,600,000
Min list price:
$350,000
Max list price:
$9,985,000
Avg days on market:
87
Min days on market:
4
Max days on market:
358
These statistics are generated based on the current listing's property type
and located in
Campbell River. Average values are
derived using median calculations.