Nanaimo, BC V9S 5J9,275 Cypress St
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Nanaimo, BC V9S 5J9,275 Cypress St
Nanaimo, BC V9S 5J9,275 Cypress St
Nanaimo, BC V9S 5J9,275 Cypress St
Nanaimo, BC V9S 5J9,275 Cypress St
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Listed by Barry Calvin Century 21 Harbour Realty Ltd.
$ 16,700,000
Est. payment /mo
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Active

275 Cypress St Nanaimo, BC V9S 5J9

0.93 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1022254

HOA Y/N No

Annual Tax Amount $84,944

Tax Year 2025

Lot Size 0.930 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

Province BC

County Nanaimo, City Of

Community Na Brechin Hill

Area Nanaimo

Zoning R8

Exterior

View Y/N No

Street Surface Paved

Total Parking Spaces 64

Garage No

Building

Locker No

Others

Ownership Freehold


John Cooper

John Cooper

Agent | License ID: 1184085

+1(250) 619-9207

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