$6,000,000
#101-309, 116 Prideaux Street, Nanaimo V9T2T6
Built 1981
Detached
Listed by: eXp Realty (NA).
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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:66934)
Location
Approximate location supplied by the listing data provider.
Features
Parking Spaces: 24
Structure: Multi-Family
Annual Taxes: $33,017
Lot Size: 17630.0
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Multi-family |
| Lot Size | 17,630 sq ft |
| Year Built | 1981 |
| Parking | 24 spaces |
| Listing ID | 1039946 |
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