BCHomez.com Logo

BCHomez.com

Favorites

101-309 116 Prideaux St, Nanaimo

MLS® #1039946
About this Property

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:62865)

Property Information

Status

Active

Year Built

1981

Property Type

Multi-Family

Ownership

Freehold

Parking Spaces

24

Annual Tax

$33,017

Zoning

Unknown

Data Source

Vancouver Island Real Estate Board

Exterior & Lot

Lot Size

17630.0 sqft

$6,000,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

eXp Realty (NA)

Mortgage Calculator
$1,200,000

Loan Amount:

$4,800,000

Estimated Monthly Payment:

$23,391

This is an estimate for informational purposes only. Consult with a financial advisor.