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:36535)

Features of 101-309 116 Prideaux St

Listing # 1039946
Price $6,000,000
Bathrooms 0.00
Acres 0.40
Year Built 1981
Type Multi-family
Sub-Type Freehold

Community Information

Address 101-309 116 Prideaux St
Subdivision Old City
City Nanaimo
Province British Columbia
Postal Code V9T2T6

Amenities

Parking Spaces 24
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of eXp Realty (NA)

Listing Map