275 Cypress Street, Nanaimo, British Columbia V9S5J9
Listing courtesy of Century 21 Harbour Realty Ltd..
- $15,500,000
- List Price
- $15,500,000
- MLS®
- 1043620
- Days on Market
- 57
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Lot Size Dimensions
- 0.93
- Lot Size
- 40,510
- Subdivision
- Brechin Hill
Property Description
Cypress Garden Apartments 64 Suite Apartment Building with a well balanced suite mix featuring a unique 3750 sq ft Penthouse boasting breathtaking views. Situated in the Brechin Hill neighbourhood, located steps from the scenic seawall and within walking distance to downtown Nanaimo. This property offers investors the opportunity to acquire a large scale apartment building that has been privately owned and managed for over 35 years. Well maintained receiving numerous capital upgrades. Represents a rare opportunity to acquire a property of scale with strong cash flow potential in one of British Columbia's fastest growing municipalities. (id:5764)
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Additional Information
- Ownership
- Freehold
- View
- Ocean view
- Subdivision
- Brechin Hill
- Zoning
- Unknown
- Parking Spaces
- 64
- Country
- Canada
- Heating
- Baseboard heaters, Electric
- Lot Features
- Central location, Other, Marine Oriented
- Total Number Of Units
- 1
- Lot Size
- 40,510
