Established Canadian businesses - For Sale by Owner - in Canada
Listing # 63028004
Business For Sale
8 unit apartment complex in Chemainus, BC
Business Location: British Columbia Postal Code: V0R Relocatable: No
Real Estate & Rental Buildings Accommodation & Recreation
Fully occupied with tenants who pay their rents on time. Zoned for 9 townhouses. Lovely creek side property in a well established neighbourhood. Each suite is unique.
MARKET & COMPETITION
Very few opportunities to own a rental building that has definite development potential. No rezoning needs to be done.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
2 buildings, each with 4 units located on Daniel Street in Chemainus. Close to the high school, new shopping centre and beach access. Gross annual rents exceed $81,000. Fully occupied and the rental vacancy rate in the area is very low so there is never an issue filling vacancies. The property is currently zoned for 9 townhouses so there is definitely development potential. Preliminary plans are available for the townhouse development and full survey of the property has been completed.
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