116 Prideaux Street Unit 101-309, Nanaimo, British Columbia V9T2T6

Listing courtesy of eXp Realty (NA).

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List Price
$6,000,000
MLS®
1039946
Days on Market
132
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
17630
Lot Size
17,630
Subdivision
Old City

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:5764)

Additional Information

Ownership
Freehold
Subdivision
Old City
Zoning
Unknown
Parking Spaces
24
Country
Canada
Total Number Of Units
27
Lot Size
17,630

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