101-309 116 Prideaux St, Nanaimo, British Columbia

$6,000,000

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0.40

Acres

About 101-309 116 Prideaux St

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:6289)

More Info on this Old City Multi-Family MLS® listing

101-309 116 Prideaux St is a multi-family listing for sale in Nanaimo. The MLS® number is 1039946. It was built in 1981. It's currently listed for $6,000,000. For more details on MLS® 1039946, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in Old City is available now!

Selling your Old City Multi-Family property?

Have a similar home to 101-309 116 Prideaux St? If you’re thinking about selling your Old City multi-family property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Nanaimo property.

Features of 101-309 116 Prideaux St

Listing # 1039946
Price $6,000,000
Acres 0.40
Year Built 1981
Type Multi-family
Sub-Type Multi-Family

Community Information

Address 101-309 116 Prideaux St
Area Old City
Subdivision Old City
City Nanaimo
Province British Columbia
Postal Code V9R2M7

Amenities

Parking Spaces 24
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 17630

Additional Information

Zoning Unknown

Listing Details

OfficeeXp Realty (NA)

Listing Map

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