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For Sale
$15,500,000
MLS® 1043620
275 Cypress St
Nanaimo, British Columbia, V9S5J9
- Interior
- 62,378 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Lot size
- 0.93 acres
- Parking
- 64
- Ownership
- Freehold
Property facts
- Interior
- 62,378 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Lot size
- 0.93 acres
- Parking
- 64
- Ownership
- Freehold
- Business type
- Accommodation
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:53361)