525 Townsite Rd, Nanaimo, BC V9S 1K9

Five (5) One-bedroom ocean view strata titled units for sale. A rare opportunity to acquire a multi-family property in a central Nanaimo location, with significant upside in the existing rents. This property is strata titled allowing for the sale of individual units if desired. 525 Townsite Road provides a future owner with the ability to hold the property and increase rents, or sell the units on an individual basis. Current pricing represents a 4.39% cap rate and $290,000 per unit. Contact listing agents for further information.