William Wright Commercial is pleased to present this excellent opportunity to acquire a fully leased 18-unit townhouse complex in Port Hardy. This complex features 18 units in four 2-story buildings on almost 2 acres in central Port Hardy and within walking distance to the oceanside and the town core. Some of the rents are very low, which equals excellent upside to the sophisticated investor.
Thirteen of the homes have received thorough interior renovations within the last 5-6 years including new kitchens and bathrooms, light fixtures, flooring and paint. The other units have received some renovations. Many of the appliances have also been replaced in the last 7 years. The roof is less than 8 years old. There is a local management and maintenance team in place and this investment is great for a hands off investor. Vacancy has historically been nearly zero as there is a high demand for housing in Port Hardy. If you are seeking great value, with upside, take a close look at this investment. Priced at just $153,000 per townhouse unit. All data to be verified by the purchaser.
100% Leased 18-Unit Townhouse Complex
Reasons to Invest in Port Hardy
7255 Thunderbird Way, Port Hardy,
± 86,249 SQFT
LOT 3, PLAN VIP24201, SECTION 36, TOWNSHIP 9, RUPERT LAND DISTRICT
Highway 19, the main highway serving Vancouver Island, links Port Hardy with Victoria and all other major centres on the island. Other communities in the North Island, including Coal Harbour, Holberg and Port Alice, are connected to Port Hardy by well-maintained highways. Port Hardy is the closest commercial Airport providing flights to Vancouver, Victoria, Nanaimo and many coastal communities.
BC Ferries links Port Hardy with several remote communities along the breathtaking Inside Passage and Discovery Coast routes to Prince Rupert and Bella Coola. Nearby, BC Ferries links Port McNeill to Alert Bay on Cormorant Island and Sointula on Malcolm Island. You can even travel up the scenic Sunshine Coast to Powell River and travel by ferry to Comox, just a 3.5 hour drive from Port Hardy.
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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
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