1252 9th St

About this home

New higher rents as of October 2026 and the potential for further large additions to net income upon tenant turnover all serve to make the Willow Arms a very attractive investment opportunity. Make sure to read the property summary and financials in supplements. Willow Arms is a 21-unit apartment building on the corner of 9th Street and Willemar Avenue with immediate access to 5th Street and the Courtenay downtown core. The impressive suite mix features fourteen large three-bedroom suites, six two-bedroom suites and one studio suite. Built in 1966, the Willow Arms offers spacious balconies/patios for each suite, on-site parking, tenant lockers, coin-operated laundry, heat and hot water included in the rent, and proximity to shopping, transit infrastructure and other local amenities. Moreover, the building is in a state of excellent repair and modernization thanks to very good property management (upon tenant turnover, suites are renovated and modernized). Try your offer! (id:66966)

Details

Type

Multiplex

Property tax

$22,238

Neighbourhood

Courtenay City

Municipality

Courtenay

Interior

Fireplace

No

Heating, cooling and services

Heating

Baseboard heaters, Oil, Hot Water

Building and exterior

Year built

1966

Parking

Total parking

19

Location

Location is approximate. See nearby homes on the map