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882 Wembley Rd 9 Unit Apartment Building $1,700,000 CAD ($188,889 CAD/Unit) Parksville, BC V9P 2E6
INVESTMENT HIGHLIGHTS
- The property is currently operated as a mobile home park with eight pads and a two-bedroom single-family home.
- Residents benefit from nearby amenities, including Wembley Mall less than 2 km away and Morningstar Golf Course only 1.6 km from the site.
- Ideally located in the growing French Creek community, it sits between Parksville and Qualicum Beach and is just steps from the French Creek Marina.
- Roughly 200 feet of frontage on Island Highway West and additional frontage on Reid and Wembley Roads.
EXECUTIVE SUMMARY
This property is currently configured as a mobile home park with 8 mobile home pads and a 2-bedroom single-family residential dwelling. The property is well located in the growing community of French Creek just outside Parksville and Qualicum Beach. Situated steps away from the French Creek Marina and less than 2km from Wembley Mall, the site is conveniently located near amenities including Morningstar Golf Course only 1.6km away.
The subject property comprises ± 53,579 square feet (1.23 acres), with approximately 200 feet of frontage on Island Highway West, and another 175 feet of combined frontage on Reid and Wembley Roads. Existing access and egress are both ends of the property on Island Highway West and Reid Road.
The subject property comprises ± 53,579 square feet (1.23 acres), with approximately 200 feet of frontage on Island Highway West, and another 175 feet of combined frontage on Reid and Wembley Roads. Existing access and egress are both ends of the property on Island Highway West and Reid Road.
PROPERTY FACTS
| Price | $1,700,000 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $188,889 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.23 AC |
| No. Units | 9 | Building Size | 9,000 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1967 |
| Zoning | CRS1 - Commercial Retail and Service 1 | ||
| Price | $1,700,000 CAD |
| Price Per Unit | $188,889 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 1.23 AC |
| Building Size | 9,000 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Zoning | CRS1 - Commercial Retail and Service 1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
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882 Wembley Rd
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