525 Townsite Rd # 5, Nanaimo BC V9S 1K9
$1,450,000
00
525 Townsite Rd # 5, Nanaimo BC V9S 1K9 - Multi Family for Sale in Nanaimo, BC
This 0 bedroom, 0 bathroom multi family is listed for sale at $1,450,000 in Nanaimo, British Columbia. Built in 1993. Lot size: 29,185 sq ft (0.67 acres).MLS® #1027947.
Five (5) One-bedroom ocean view strata titled units for sale. A rare opportunity to acquire a multi-family property in a central Nanaimo location, with significant upside in the existing rents. This property is strata titled allowing for the sale of individual units if desired.
525 Townsite Road provides a future owner with the ability to hold the property and increase rents, or sell the units on an individual basis. Current pricing represents a 4.39% cap rate and $290,000 per unit. Contact listing agents for further information.
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$1,450,000
For Sale
1 / 19
525 Townsite Rd # 5, Nanaimo BC V9S 1K9
Nanaimo, BC V9S 1K9
MLS® #1027947
Colliers International (Nan)
0beds
0baths
1993
Property Details
Property Type
Multi Family
Year Built
1993
Lot Size
29,185 sq ft(0.67 acres)
Bedrooms
0
Bathrooms
0
Area
Nanaimo
Neighborhood
Central Nanaimo
MLS® Number
#1027947
Townsite Rd Market Report
View comprehensive market analysis for Townsite Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Townsite Rd Market ReportDescription
Five (5) One-bedroom ocean view strata titled units for sale. A rare opportunity to acquire a multi-family property in a central Nanaimo location, with significant upside in the existing rents. This property is strata titled allowing for the sale of individual units if desired.
525 Townsite Road provides a future owner with the ability to hold the property and increase rents, or sell the units on an individual basis. Current pricing represents a 4.39% cap rate and $290,000 per unit. Contact listing agents for further information.
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$8,750
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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Property Location
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