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4078 South Island Hwy
Campbell River, BC
Ivy Lane Revenue Property · Multifamily Property For Sale · 6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 7,450 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | No. Stories | 2 | |
| Apartment Style | Garden | Year Built/Renovated | 1961/2015 |
| Lot Size | 2.09 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Garden |
| Lot Size | 2.09 AC |
| Building Size | 7,450 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2015 |
About 4078 South Island Hwy , Campbell River, BC
Prime location on the Island Highway, zoned C-2 which allows for vacation-rental/hotel-use conversion, restaurant/bar, or invest as a holding property. Solid income as-is and existing zoning allows for 20,000 square feet (sf) of additional site coverage, thus upside potential for additional units. Campbell River and the Strathcona Regional District are in the midst of a rental crisis, vacancy is near zero, and rents are climbing rapidly. The housing market is resilient as boomers increasingly retire and move to highly desirable communities such as Campbell River.
zoning
| Zoning Code | C-2 |
| C-2 |
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