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116 Prideaux St #101-309, Nanaimo BC V9T 2T6
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$6,000,000

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

Type
Multi Family
MLS® Number
1039946

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.

Listed by eXp Realty (NA)

Listing data via VIVA, the MLS® System of the Victoria and Vancouver Island Real Estate Boards; courtesy of eXp Realty (NA).

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. VREB IDX Reciprocity Program

Allie Hampton

Allie Hampton · Realtor® | BRIX Real Estate Group | Real Broker BC Ltd. · License #191385

(236) 969-2366 · allie@alliehampton.com