101-309 116 PRIDEAUX STREET - $6,000,000

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$6,000,000
101-309 116 PRIDEAUX STREET
Nanaimo, British Columbia V9T2T6
MLS® Number: 1039946
24Parking
1981Year Built
Multi-FamilyType

About This Property

Rare opportunity to acquire a fully occupied portfolio of 27 strata-titled condominium units under single ownership in the heart of Nanaimo. Unlike traditional apartment buildings, each unit has its own legal title and PID number, providing exceptional flexibility for future disposition, refinancing or continued operation as a rental portfolio. The property has benefited from ongoing capital improvements and features elevator service, storage lockers, on-site laundry facilities and separate hydro metering. Opportunities to acquire a multifamily asset of this scale with individually titled units are exceptionally rare on Vancouver Island. A compelling investment offering stable occupancy, proven income history and multiple avenues for future value creation. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement. (id:64973)

Property Details

Lot Size17630 (17,630 square feet)
Year Built1981
Property TypeMulti-Family
Parking24
Annual Taxes$33,017
CityNanaimo
Postal CodeV9T2T6
MLS® #1039946

Location

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