Commerical Investments by Avison Young - Vancouver BC
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13 Unit Multi-Family Building

1610 Bowen

This is an opportunity to acquire a thirteen (13) unit garden style multi-family complex located at 1610 Bowen Road in Nanaimo, BC. The property consists of two levels on either end with a single level portion of the building in the middle. The property also consists of a three bedroom stand alone house with covered carport at the north end of the property. The building has a low expense ratio as each unit has electric heat and hot water with costs being passed to the tenant.

1610 Bowen1610 Bowen
HouseHouse unit 2 bathroomunit 2 bathroom
unit 8 kitchenunit 8 kitchen unit 8 living roomunit 8 living room unit 10 gardenunit 10 garden
unit 10 kitchenunit 10 kitchen unit 14 deckunit 14 deck

1610 Bowen Road, Nanaimo, BC

Sale Price: $1,150,000
Lot Size: 31,363 sq. ft.
Legal Description: Plan 7570 Lot 4 Land District 31 Section 14 Rng 8
PID: 000-444-219
Suites: 4 One-Bedrooms, 8 Two-Bedrooms, and 1 Three-Bedroom House
Financing: Treat as clear title
Cap: 7.4%
Property Type: Multi-Family
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