275 Cypress St, Nanaimo
Cypress Garden Apartments. 64 suite apartment building with a well balanced suite mix featuring a unique 3750 sq ft Penthouse boasting breathtaking views. Situated in the Brechin Hill neighbourhood, located steps from the scenic seawall and within walking distance to downtown Nanaimo. This property offers investors the opportunity to acquire a large scale apartment building that has been privately owned and managed for over 35 years. Well maintained receiving numerous capital upgrades. Represents a rare opportunity to acquire a property of scale with strong cash flow potential in one of British Columbia's fastest growing municipalities. (id:62865)
Status
Active
Property Type
Multi-Family
Ownership
Freehold
Parking Spaces
64
Annual Tax
$84,944
Zoning
Unknown
Parcel Number
004-533-470
Data Source
Vancouver Island Real Estate Board
Lot Size
0.93 acres
$16,700,000
Office
Century 21 Harbour Realty Ltd.
Loan Amount:
$13,360,000
Estimated Monthly Payment:
$65,105
This is an estimate for informational purposes only. Consult with a financial advisor.
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