4311 Kendall Place, Port Alberni, BC
A rare offering! Built in 2005 and improved on a large 31,478 sq. ft. lot, College Place is a 16-suite apartment/townhouse complex located in Port Alberni, BC. The subject features 4 buildings with 4 rental units in each with all exterior entrances facing onto a nicely landscaped courtyard. Features an excellent suite mix (15-2Br; 1-1Br), large balconies/patios, electric heat and rear parking. This is truly a carefree rental investment, as the entire complex is leased to one government agency for a 10 year term with rent escalations in place. An investor can also acquire the adjacent development site planned for a similar townhouse designed complex totalling approximately 28 units.
For a detailed information package, download College Place Executive Summary.