#101-309 - 116 Prideaux St is a Multi Family listed at $6,000,000 in Old City, Nanaimo. Built in 1981. 21,000 sqft of living space. 143 days on market. Listed by eXp Realty (NA). MLS® 1039946.
$6,000,000 · Multi Family · 21,000 sqft · MLS® 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.