275 Cypress St, Nanaimo

$16,700,000 |   MLS® Number  1022254

Multi-family for sale in Nanaimo, Brechin Hill, 275 Cypress St, 1022254 | Realtylink.org

Multi-family for sale

Lot Size
40,511 sqft
Gross Property Tax
$84,944.29 /year
Zoning
R8
Total no. of Units
64
72

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.