4300 Amblewood Lane
Nanaimo , British Columbia
Building
Stats
- Property Type Multifamily - Low-Rise/Garden
- Year built 1995
- Building size (SF) 14,814
- Size (Ac) 0.21
- Price $5,450,000 CAD
Overview
Avison Young is pleased to offer for sale 4300 Amblewood Lane, a twelve (12) unit stratified rental complex featuring a 9,127 sf corner lot, 14,814 sf of net rentable/salable area and a premier location adjacent to Nanaimo North Town Centre. The Property offers an investor flexible ownership opportunities including operating as a rental property with significant rental upside or to individually sell each unit in a supply constrained market with upward pressure on demand for family-oriented townhomes.
Highlights
Premier 9,127 sf corner lot
Frontage on Rutherford Road
Net rentable/salable area: 14,814 sf (average unit size: 1,235 sf)
Short term tenancies allowing for tenancy turnover/increased rents
Rooftop patios or outdoor gardens with all units
Garages for each unit
Recent lease-up has achieved rents upward of $3,800 per month
High demand for family-oriented townhome units
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