116 Prideaux St #101-309, Nanaimo BC V9T 2T6

$6,000,000 · For Sale

built 1981 · Commercial Sale

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.

Property details

Property type
Commercial Sale
Lot size
17630
Year built
1981

Photographs

116 Prideaux St #101-309, Nanaimo — photograph 1116 Prideaux St #101-309, Nanaimo — photograph 2116 Prideaux St #101-309, Nanaimo — photograph 3116 Prideaux St #101-309, Nanaimo — photograph 4116 Prideaux St #101-309, Nanaimo — photograph 5116 Prideaux St #101-309, Nanaimo — photograph 6116 Prideaux St #101-309, Nanaimo — photograph 7116 Prideaux St #101-309, Nanaimo — photograph 8116 Prideaux St #101-309, Nanaimo — photograph 9116 Prideaux St #101-309, Nanaimo — photograph 10116 Prideaux St #101-309, Nanaimo — photograph 11116 Prideaux St #101-309, Nanaimo — photograph 12