4916 Athol St, Port Alberni, BC
$7,800,000
Newer 25-unit ocean-view apartment building in Port Alberni featuring 9 bachelor suites, 10 one-bedroom units, and 6 two-bedroom homes. Every suite offers a private balcony, stainless steel appliances (including dishwasher), in-suite laundry, and dedicated storage. Tenants enjoy a common social lounge, elevator access, and designated parking. Ideally located close to shopping and the downtown core, the property benefits from long-term tenants and consistently low vacancy. A rare opportunity to acquire a modern apartment building for less than today’s construction costs—without the delays, red tape, or permitting challenges of new development.
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