1980 SCHOOLHOUSE NANAIMO

neighbourhood of Other British Columbia Canada V9X 1T4
$15,500,000

1980 SCHOOLHOUSE NANAIMO

  • Price: $15,500,000
  • MLS Number: 879333
  • Square Footage: 30624 Sq Ft
  • Property Type: Residential

Situated south of Nanaimo on the Trans Canada Highway, Vancouver Island Self-Storage is an excellent cashflow opportunity with initial building phase complete, currently generating revenue with huge additional potential. Only half of the usable land has been developed, leaving several acres for future expansion or for commercial or industrial tenants (prospects already in line). The self-storage facility is designed to maximize profits and reduce costs, with a full fire suppression system, and no unnecessary indoor hallways, maximizing space with a unit mix that caters to home movers and families that live in condos. Both small and large clientele will also be able to take advantage of indoor and outdoor options. Current capacity is 186 indoor units with 24hr smart phone access, heating/security and high ceilings. Outdoor rental space layout and quantity is variable to maximize profit and match seasonal demand. This is an investment that allows one to profit on autopilot.

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