275 CYPRESS STREET - $15,500,000

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$15,500,000
275 CYPRESS STREET
Nanaimo, British Columbia V9S5J9
MLS® Number: 1043620
64Parking
Multi-FamilyType

About This Property

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:64973)

Property Details

Lot Size0.93 (1 acres)
Property TypeMulti-Family
Parking64
HeatingBaseboard heaters, Electric
ViewOcean view
Annual Taxes$89,891
CityNanaimo
Postal CodeV9S5J9
MLS® #1043620

Location

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