Property Description

“The Shaughnessy Apartments” is a three-storey, 41 unit apartment building, located in Nelson close to bus transportation and backs unto an 18 hole golf course. It sits on a nicely landscaped lot with irrigation system, is wood construction with vinyl siding, and has a tar and gravel roof. It has 54 open parking spaces, four of which are designated for handicapped parking and one spot for the manager. The front, brick entrance with glass doors brings in a lot of natural light to the lobby. The covered entrance has the intercom and the lobby has the mailboxes and a Northwest cable elevator. The main floor has access to the bright laundry room which has three Whirlpool washers and three Whirlpool dryers which are owned by the building. There is also an electrical room and a goodsized office/shop area that has some extra storage. There are two storage areas below the stairs and a large utility shed outside the building. Units are very large and have smoke and heat detectors, intercoms, and insuite heat controls for the electric baseboard heating. The kitchens have 24” fridges and 24” stoves with hood fans, lino flooring, and arborite countertops. Bathrooms have a single vanity, arborite countertop, ceramic tile tub surround to the ceiling (some have been replaced with one-piece tub inserts), heat lamp with light, and a three mirrored medicine cabinet. Units also have an open dining room, some with ceiling fans, vinyl decks with aluminum railings, and single glazed windows with either curtains or blinds for coverings. There is lots of storage space for the tenants including large closets and extra storage in the area where the hot water tank is located. Each unit has its own hot water tank and the tenants pay their own utilities. The tenants are a mixture of working families and 30% seniors. The building is well owned and managed. There have been an exceptionally low amount of vacancies in the building for the past 20 years.