$888,000 · Apartment Building Port Alberni 7 Suites in lovely part of south port

Located in Port Alberni on two legal lots, with 2 PID numbers, zoned medium density. 3 story building. Lovely views. Long term tenants, most have been in building for years, and most rents have not been increased for years. Great neighbourhood. Offered for sale with over 5.5 cap rate, net income, after expenses is over $50,000. Never a loss of rent or vacancy. Each tenant has proper paper-work, including residential tenancy agreement, check in inspection, and damage deposit. Rents and expenses stable for years. Tenants pay own utilities, there are 8 hydro meters. If interested, please leave your phone number. Sorry we will only respond to emails with phone numbers included. So if you want more information, then email your number.