Arun Rahul Group

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275 Cypress Street, Nanaimo
275 Cypress Street, Nanaimo
275 Cypress Street, Nanaimo
275 Cypress Street, Nanaimo
275 Cypress Street, Nanaimo
+5 more

275 Cypress Street, Nanaimo, British Columbia

$15,500,000
0.9300
Acres

About 275 Cypress Street

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:66920)

Key Features

  • Central location
  • Other
  • Marine Oriented
  • Sprinkler System-Fire
  • Ocean view
  • Baseboard heaters
  • Electric
  • Multi-Family
Shubham Nayyar
Shubham Nayyar
Real Estate Associate & Mortgage Broker, Partner & Director of Business Operations
Cell: +1 403-431-9005 VIEW REALTOR® PROFILE

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Estimated monthly payment
$72,489
/month · principal + interest

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Listing courtesy of Vancouver Island Real Estate Board.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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