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$ 16,700,000
Est. payment /mo
Active
275 Cypress St Nanaimo, BC V9S5J9
0.93 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Brechin Hill
MLS® Listing ID 1022254
Lot Size 0.930 Acres
Acres 0.93
Property Sub-Type Freehold
Source Vancouver Island Real Estate Board
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:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 64
Private Pool No
Others
Ownership Freehold






