275 Cypress St, Nanaimo BC V9S 5J9

$15,500,000 · For Sale

Commercial Sale

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.

Property details

Property type
Commercial Sale
Lot size
40510.8

Photographs

275 Cypress St, Nanaimo — photograph 1275 Cypress St, Nanaimo — photograph 2275 Cypress St, Nanaimo — photograph 3275 Cypress St, Nanaimo — photograph 4275 Cypress St, Nanaimo — photograph 5275 Cypress St, Nanaimo — photograph 6275 Cypress St, Nanaimo — photograph 7275 Cypress St, Nanaimo — photograph 8275 Cypress St, Nanaimo — photograph 9275 Cypress St, Nanaimo — photograph 10275 Cypress St, Nanaimo — photograph 11