Devencore Realty Victoria Ltd.

250-382-3400 |

Attractive Investment Property with Upside Value Potential

SOLD
2974 Sherman Road
Duncan,, BC V9L 4X1

1.04 acre site with 48 unit multi-family rental property

Opportunity to purchase a 48-unit rental building located in the growing Cowichan Valley with potential income growth through renovation, repair and solid management.

Tweedsmuir Manor is attractively situated on the south side of the highest point of land on Sherman Road, approximately 3 km north of Duncan’s downtown core. The property is well serviced by public transportation and is conveniently located near the Duncan Hospital, Glen Harper Curling Centre and the main RCMP detachment. Constructed in 1979, the building is a 4-storey, rectangularly shaped, wood-frame structure. The laundry room contains three coin operated, owned washers and dryers. The building is serviced with a single hydraulic Montgomery elevator off the Lobby area. A new “torch-on” roof was installed in the last two years and a portion of the suites have been upgraded. Being sold “as-is, where-is”.