|Address||1-12 148 Weld Street|
|Sub Area||Z5 Parksville|
|Property Type||Building and Land|
|Floor Space||13775 Square Feet|
|Lot Size||0.30 Acres|
A great revenue generator in the heart of downtown Parksville. Comprised of 12 separate titled strata units consisting of 10 residential apartments (8-1 bedroom / 2-2 bedroom) and 2 commercial ground floor units. Built in 2013 this 13,800 square foot building brings in over 21,500 dollars per month in rental revenue and has never had a vacancy. Rental rates have gone up every year and a waiting list for apartments is strong. This is the most sought after apartment building in the parksville area. Both commercial units have long term lease agreements in place and all the tenants are wanting to stay.
Listed by Pemberton Holmes - Nanaimo
NOTE: VIREB IDX Reciprocity listings are displayed inaccordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.