Quick Summary
Quick Summary
- Spacious 2.1 acre property with expansion potential
- Desirable oceanfront location in historic Spaniards Bay
- Fully renovated 12-unit apartment building in 2016
- Modern, well-built and maintained units with amenities
- 8 wheelchair-accessible 2BR, 1BA units available
- 3 larger 2BR, 2BA units with ocean views
- Highly energy-efficient with low heating costs
- Consistent full occupancy with waiting list
Now selling with 2.1 acres of extra land included; enough for 20 more units. Welcome to beautiful Oceanview Terrace, across from the beach in Historic Spaniards Bay, next to Bay Roberts, Newfoundland. An hours drive from downtown St. John's and a stone’s throw from the beach. Investors take note: A modern and immaculate 12 unit Apartment... Show More
Now selling with 2.1 acres of extra land included; enough for 20 more units. Welcome to beautiful Oceanview Terrace, across from the beach in Historic Spaniards Bay, next to Bay Roberts, Newfoundland. An hours drive from downtown St. John's and a stone’s throw from the beach. Investors take note: A modern and immaculate 12 unit Apartment building renovated from the ground up in 2016. The units are lovely inside. Very modern, well built and maintained, All have air exchangers, fridge, stove, OTC microwave and dishwashers. 8 units have 2BRs, 1 Bathroom, and are Wheelchair/Accessible. 1 unit is 1 BR, 1 Bath Rm Wheelchair accessible. 3 units are 2 BRs, 2 Full bathrooms, and ocean view, larger finer units, NOT w/c accessible but can be. The building is fire rated, has insulated walls separating which makes it very quiet and very economical for heating. Winter heating cost for tenants usually not above $200/month. ZERO vacancy since construction. There’s a waiting list to move in this beautiful building on the Ocean’s edge. Each unit has a small cold storage closet outside. (id:54626)
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