Address
275 Cypress St, Nanaimo, BC
Price
$ 15,500,000
Property Attributes
- ID#1043620
- TypeMulti-Family
- Listing Status Active
- MunicipalityNanaimo
- CityNanaimo
- AreaNanaimo
- NeighbourhoodBrechin Hill
- Postal CodeV9S 5J9
- Style
- Price$ 15,500,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Lot Size0.93 Acres
Data Source:
Canadian Real Estate Association (CREA)
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)
General Features
| Features | Central location, Other, Marine Oriented |
|---|---|
| Property Type | Multi-family |
| Zoning Description | R8 |
| ZoningType | Unknown |
| Neighbourhood | Brechin Hill |
| Business Type | Accommodation |
| Parking Space Total | 64 |
| Building Type | Multi-Family |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Baseboard heaters |
| Building Heating Fuel | Electric |
Exterior Features
| ViewType | Ocean view |
|---|
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in V9S 5J9
Price
