A well maintained, 131 unit, eight (8) building apartment complex on 4.94 acres constructed circa 1966 and strategically located in downtown Courtenay with access to a variety of retail, service and lifestyle amenities. Presently 100% occupied with the vast majority of the tenants having long tenure providing stable and predictable cash flows. Located within the West Courtenay area of the City of Courtenay, which is situated between the City of Campbell River, 30 miles to the north and the Cities of Parksville and Nanaimo, 50 and 70 miles to the south, respectively. The City of Courtenay and the neighbouring Town of Comox are nestled in the Comox Valley on the east coast of Vancouver Island. Surrounded by world class amenities including Mt. Washington Alpine Resort, Strathcona Provincial Park, CFB Comox and the Comox Valley Airport, and two local marinas. The location offers ease of access, urban living and close proximity to an abundance of amenities.