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. (id:63400)
| Business Type | Accommodation |
| Name | CYPRESS GARDEN APARTMENTS |
| MLS® Number | 1043620 |
| Property Type | Multi-family |
| Neigbourhood | Brechin Hill |
| Features | Central Location, Other, Marine Oriented |
| Parking Space Total | 64 |
| Plan | Vip2578 |
| View Type | Ocean View |
| Fire Protection | Sprinkler System-fire |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Exterior | 62378 Sqft |
| Type | Multi-family |
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 0.93 |
| Size Total | 0.93 Ac |
| Size Total Text | 0.93 Ac |
| Zoning Description | R8 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/30050662/275-cypress-st-nanaimo-brechin-hill
Barry Calvin
Personal Real Estate Corporation
(250) 760-1066
(250) 760-1077
www.century21.ca/harbourrealty