$5,990,000 |
Port Alberni
Port Alberni
for Sale at 4571 Pemberton Rd Port Alberni
Well-maintained 42-unit, 3-storey apartment building on a 63,597 sq. ft. lot in Port Alberni. Strong investment opportunity with significant upside potential as current rents are below market and vacancy remains extremely low at 1.5% (CMHC Oct. 2024). Major upgrades completed in 2018–2019 include exterior envelope improvements with HardiBoard siding, double thermal pane windows, vinyl-covered balconies, and new hot water boilers. Features include elevator service, electric baseboard heating with individually metered suites, 3-phase 1,600-amp electrical service, fire alarm system, on-site Coinamatic laundry, private balconies/patios, full municipal services, and SBS flat roof updates in 2025. Bonus bachelor suite (#100) rented at $825/month, not included in stated income, offering additional revenue potential. (id:6289)
Financial and Mortgage
| List Price |
$5,990,000
|
| Original Price |
$5,990,000
|
| Monthly Payment |
$24,977/month
Get Prequalified
|
| Days on Website |
62
|
4571 Pemberton Rd Details
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Exterior of 4571 Pemberton Rd
| Type |
Multi-family
|
| Sub-Type |
Freehold
|
Port Alberni Information
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