882 Wembley Rd - Apartments FOR SALE


Parksville, BC V9P 2E6
$1,700,000 CAD
250-618-3171
882 Wembley Rd, Parksville, BC for Sale
$1,700,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

882 Wembley Rd
Parksville, BC V9P 2E6


OVERVIEW

This property is currently configured as a mobile home park with 8 mobile home pads and a 2-bedroom single-family residential dwelling. The property is well located in the growing community of French Creek just outside Parksville and Qualicum Beach. Situated steps away from the French Creek Marina and less than 2km from Wembley Mall, the site is conveniently located near amenities including Morningstar Golf Course only 1.6km away. The subject property comprises ± 53,579 square feet (1.23 acres), with approximately 200 feet of frontage on Island Highway West, and another 175 feet of combined frontage on Reid and Wembley Roads. Existing access and egress are both ends of the property on Island Highway West and Reid Road.

FOR SALE DETAILS

PRICE

$1,700,000 CAD

PRICE/SF

$189 CAD /SF

# OF UNITS

9

PRICE/UNIT

$188,889

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

CRS1

APN/PARCEL ID

000-257-419,000-257-427

ASK ABOUT THIS PROPERTY

Brad ArchibaldColliersMore Info
250-618-3171

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Brad ArchibaldColliersMore Info
250-618-3171

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