Port Mcneill, BC V0N 2R0,2235 Mountview Cres
Port Mcneill, BC V0N 2R0,2235 Mountview Cres
Port Mcneill, BC V0N 2R0,2235 Mountview Cres
$4,122,000
Est. payment /mo
$4,450,000
7.4%
Est.Price: ?

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SOLD DATE : 11/14/2025

Key Details

Sold Price $4,122,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1004796

Annual Tax Amount $14,749

Tax Year 2025

Property Sub-Type Multi Family

Property Description

Stabilized Cap rate is 8.16%. Exceptional opportunity to acquire two townhome rental buildings comprising 33 units, offering substantial rental upside in the growing town of Port McNeill on Vancouver Island, BC. Both properties enjoy prime locations within Port McNeill. 2235 Mountview Crescent is situated directly beside Sunset Elementary and North Island Secondary School, making it ideal for families. This property showcases panoramic north facing ocean views. Meanwhile, 2801 Mine Road is positioned next to Port McNeill Hospital, offering strong appeal for healthcare workers and residents alike. Each site provides convenient access to the town's amenities, services, businesses, and schools. Investment highlights include: current rental rates are below market, as demonstrated by the rent roll compared to more recently secured rents-offering a strong value-add opportunity for investors seeking upside potential; and the buildings have been well maintained by current owner.

Location

Province BC

County Port Mcneill, Town Of

Area Ni Port Mcneill

Zoning RM-1

Exterior

Parking On Site 1

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Listed by Colliers International (Nan)
Bought with Unrepresented Buyer Pseudo-Office

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