Real Estate Investment:  Multifamily Building - 461 Coal Harbour Rd, Coal Harbour

About This Property                               

A Six Suite Apartment For The Cost Of An Average House $ 500.000. Located In Quiet Coal Harbour, On The West Coast Of Vancouver Island, A 15 Minute Drive From Port Hardy On A Paved Highway. Four Apartments Are 2 Bedrooms, Two Apartments Are 3 Bedrooms. Building Is Well Maintained. All Apartments Have Stove ,Fridge, Washer & Dryers. Four Apartments Fully Furnished, 2 Leased Unfurnished. All Apartments Have Private Deck Entrances. Paved Parking Area.

Asking Price: $500,000

Initial Cash Required: $149,000

Monthly Cash Flow: $2,906

Annual ROI: 40%

Target Profit if sold after 10 Years: $606,000

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