Gross Unit Rent: $1,095 to $1,100
Total Gross: $331,056 (approx.)
Expense: $90,172.27 (approx.)
Net Income: $240,883.73 (approx.)
Unit total: 28 units (2 bedroom)
Address: 385 Davis Rd, Ladysmith, BC
Legal: PL VIP66137 LT 1 DL 43 LD 43
Lot size: 1.91 Acres.
Free standing retired apartment building with living quarter near a small airport is for sale in Ladysmith, Nanaimo Island! Minute to Trans-Canada Hwy and Dogwood Dr. Steps away from golf club, church and shopping mall center. Total 28 units of all 2 bedroom suit. Each unit gross rent per month is $1,095 to $1,100 with net revenue of $240,883. Great investment property! Don’t miss out!!!