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This 0 bedroom, 0 bathroom multi family is listed for sale at $6,000,000 in Nanaimo, British Columbia. Built in 1981. Lot size: 17,860 sq ft (0.41 acres).MLS® #1039946.
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.
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View Prideaux St Market ReportRare 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.
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Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$31,500
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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