250-882-0597
854 Island Hwy S, Campbell River, BC for Sale
Apartments - FOR SALE
1/15
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854 Island Hwy S
Campbell River, BC V9W 0G8


HIGHLIGHTS

  • Fully leased & attractive assumable CMHC financing in place
  • A class, high quality finishings throughout
  • Expansive ocean views & close proximity to community amenities
  • Secure underground parking & bike hangers

OVERVIEW

Macdonald Commercial is pleased to present The Seaboard by WestUrban Developments, located at 854 Island Highway South, Campbell River, BC. This newly constructed, oceanfront, purpose built rental apartment has all 70-units leased. This property features a diverse unit mix comprising 11 studios, 21 one-bedroom, 34 two-bedroom, and 4 three-bedroom apartments. Each thoughtfully designed unit, averaging 680 square feet, is equipped with premium finishes, including stainless steel appliances, quartz countertops, and convenient in-suite laundry, along with private balconies offering breathtaking views of Quadra Island. The property features secure underground parking, elevator, secured bike hangers, and an efficient entry system with fob access and security cameras in common areas. Additional amenities include a gym, a dedicated dog wash station, and proximity to Rotary Beach Seawalk and local favorites like Fogg Dukkers Coffee, with a bus stop conveniently located nearby. The Property is held in bare trust, allowing prospective suitors to save on property transfer tax. Furthermore, there is attractive assumable CMHC financing in place.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

70

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Seaboard

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2021

PARKING SPACES

98

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

RM-3

APN/PARCEL ID

014-340-500

ASK ABOUT THIS PROPERTY

Paul KimMacdonald CommercialMore Info
250-882-0597

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Paul KimMacdonald CommercialMore Info
250-882-0597

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