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In-PersonVirtual Tour
$ 6,000,000
Est. payment | /mo
0.4 Acres Lot
$ 6,000,000
Est. payment | /mo
0.4 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Old City
MLS® Listing ID 1039946
Year Built 1981
Lot Size 0.405 Acres
Acres 17630.0
Property Sub-Type Freehold
Property Description
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:24570)
Location
State BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 24
Garage No
Private Pool No
Others
Ownership Freehold
Virtual Tour https://vimeo.com/showcase/12282623/video/1200300064
Listed by eXp Realty (NA)
Nearby Locations
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