275 Cypress St, Nanaimo, British Columbia, V9S 5J9

$16,700,000

MLS® # 1022254

Investment For Sale In Newcastle, Nanaimo, British Columbia

$16,700,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Road access
  • Irregular: Yes
  • Lot Size: 0.93 Acres
  • Zoning: R8
  • Zoning Type: Unknown
  • No. of Parking Spaces: 64

Courtesy of: Century 21 Harbour Realty Ltd., Colliers

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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