4775 Uplands Dr, Nanaimo, BC
$26,000,000
Investment Opportunity to acquire "The Chelsea" at Longwood Estates.
Located in an exclusive, award winning community in North Nanaimo, with park like lands, ponds, bridges and a fantastic clubhouse.
Walking distance to all amenities.
This and the upcoming identical building are the last that will be built in Longwood.
Chelsea is adjacent to Origin Retirement Living, giving tenants an opportunity to belong to "Club O" and the many facilities and programs that Origins offers.
This luxury 48-unit building with an underground parking is condo quality throughout, having quartz countertops, air conditioned heat pump, high end appliances and in suite laundry.
Offering 48 suites - 34 ( 2 bedroom 2 bathroom ) and 14 ( 1 bedroom )
Over 400 prospective tenants are registered for this adult oriented building.
5 cap on projected income. 80% mortgage AWQ.
Share purchase is available.
Display suite. For info package or to view call L/S.
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