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$16,700,000
275 Cypress St
Nanaimo, BC V9S 5J9
Nanaimo, BC V9S 5J9
Multi Family
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.
Property Details
MLS #:
1022254
ID #:
30357560
Type:
Commercial Sale
Sub-Type:
Multi Family
Area:
Nanaimo
Sub-Area:
Na Brechin Hill
Status:
Active
Lot Size:
0.93 acres
Property Tax:
$84,944 (2025)
Days on Market:
188 days
Listing provided by Century 21 Harbour Realty Ltd.
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Contact Information
Shannon Gorgichuk
Personal Real Estate Corporation
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Location
275 Cypress St , Nanaimo, BC V9S 5J9