275 Cypress St - Apartments FOR SALE
Nanaimo, BC V9S 5J9 |
$16,700,000 CAD
604-358-6161
275 Cypress St
Nanaimo, BC V9S 5J9
HIGHLIGHTS
- The Cypress Garden Apartments is prominently situated in the sought-after Brechin Hill neighbourhood offering gorgeous ocean views.
- Located just steps from the scenic seawall and within walking distance to Downtown Nanaimo.
- The property has been well maintained receiving numerous capital upgrades and has been sprinklered throughout.
- This represents a rare opportunity to acquire a property of scale with strong cash flow potential in one of British Columbia’s fastest growing areas.
FOR SALE DETAILS
PRICE
$16,700,000 CAD
PRICE/SF
$418 CAD /SF
# OF UNITS
64
PRICE/UNIT
$260,938
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1976
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.93 AC
LAND SF
40,371 SF
ZONING
R-8
APN/PARCEL ID
004-533-470,004-533-488,004-533-496
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
604-358-6161
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
604-358-6161
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
