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101-309 116 Prideaux St
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101-309 116 Prideaux St

Nanaimo, British Columbia V9R2M7

$6,000,000

MLS® 1039946

1981

Year Built

Multi-family

Type

17,630 square feet

Lot Size

24

Parking

Description

Rare opportunity to acquire a fully occupied portfolio of 27 strata-titled condominium units under single ownership in the heart of Nanaimo. Unlike traditional apartment buildings, each unit has its own legal title and PID number, providing exceptional flexibility for future disposition, refinancing or continued operation as a rental portfolio. The property has benefited from ongoing capital improvements and features elevator service, storage lockers, on-site laundry facilities and separate hydro metering. Opportunities to acquire a multifamily asset of this scale with individually titled units are exceptionally rare on Vancouver Island. A compelling investment offering stable occupancy, proven income history and multiple avenues for future value creation. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement. (id:65701)

Property Details

Ownership Freehold
Annual Taxes $33,017.00
Structure Multi-Family

Listed by

eXp Realty (NA)

Vancouver Island

Interested in this property?

Contact Kara Call 604.328.8000
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