4571 Pemberton Rd, Port Alberni, British Columbia

About 4571 Pemberton Rd

Well-maintained 42-unit, 3-storey apartment building on a 63,597 sq. ft. lot in Port Alberni. Strong investment opportunity with significant upside potential as current rents are below market and vacancy remains extremely low at 1.5% (CMHC Oct. 2024). Major upgrades completed in 2018–2019 include exterior envelope improvements with HardiBoard siding, double thermal pane windows, vinyl-covered balconies, and new hot water boilers. Features include elevator service, electric baseboard heating with individually metered suites, 3-phase 1,600-amp electrical service, fire alarm system, on-site Coinamatic laundry, private balconies/patios, full municipal services, and SBS flat roof updates in 2025. Bonus bachelor suite (#100) rented at $825/month, not included in stated income, offering additional revenue potential. (id:6289)

More Info on this Port Alberni Multi-Family MLS® listing

4571 Pemberton Rd is a multi-family listing for sale in Port Alberni. The MLS® number is 1036693. It's currently listed for $5,990,000. For more details on MLS® 1036693, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in Port Alberni is available now!

Selling your Port Alberni Multi-Family property?

Have a similar home to 4571 Pemberton Rd? If you’re thinking about selling your Port Alberni multi-family property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Port Alberni property.

Listing Map