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$15,500,000

0 Beds 0 Baths 0 SQFT 0.93 Acres
Type: Multi-Family

275 Cypress St
Nanaimo, BC V9S5J9

MLS#: 1043620
Olivia Doheny
Olivia Doheny
Condo Digs
Presented by: Century 21 Harbour Realty Ltd.

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:7434)


 

Interior Features

Other Interior Features

Building Fireplace PresentFalse
Building Heating FuelElectric
Building Heating TypeBaseboard heaters

General

Building TypeMulti-Family
Business TypeAccommodation
FeaturesCentral location, Other, Marine Oriented
NeighbourhoodBrechin Hill
Ownership TypeFreehold
Parking Space Total64
Property TypeMulti-family
Zoning DescriptionR8
ZoningTypeUnknown

Exterior

ViewTypeOcean view

Additional Details

  

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$15,500,000

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Nanaimo, BC V9S5J9

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