101-309 116 Prideaux St,Nanaimo, BC V9R2M7
Nanaimo, BC V9R2M7
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:13843)
Details
| MLS # | 1039946 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1981 |
| Days On Site | 136 |
| Listing Provided By | eXp Realty (NA) | Kristie Haz |
Features
| SQ Feet | 21,000 |
|---|---|
| Units | 27 |
| Zoning | Unknown |
| Acreage | 0.40 |
Interior
| Fireplace Yes / No | No |
|---|
Parking
| Parking Total | 24 |
|---|
Taxes
| Tax Annual Amount | 33017 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9R2M7 |
| Listing VS Median (in V9R2M7) | |
Price: $6,000,000 low | high Med: $6,000,000 sqft: 21,000 low | high Med: 21,000 $ / sqft: $286 low | high Med: $286 On site: 136 low | high Med: 136 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9R2M7 |
| Listing VS Median (in V9R2M7) | |
Price: $6,000,000 low | high Med: $6,000,000 sqft: 21,000 low | high Med: 21,000 $ / sqft: $286 low | high Med: $286 On site: 136 low | high Med: 136 | |