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275 Cypress St
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275 Cypress St

Nanaimo, British Columbia V9S5J9

$15,500,000

MLS® 1043620

Multi-family

Type

1 acres

Lot Size

64

Parking

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:65701)

Property Details

Ownership Freehold
Annual Taxes $89,891.38
Heating Baseboard heaters, Electric
Lot Features Central location, Other, Marine Oriented
Structure Multi-Family
View Ocean view

Listed by

Century 21 Harbour Realty Ltd.

Vancouver Island

Interested in this property?

Contact Kara Call 604.328.8000
View on REALTOR.ca →

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