Price: $2,350,000
No. of Units: 19
Lot Size: 2.25 acres
Property Type: Multi-family
Zoning: R6
2015 B.C. Assessment Value: $1,689,000
Date of Sale: 09/01/16
City: Nanaimo
Province: B.C.
Name of Brokerage: Colliers International Nanaimo
Country Gardens Apartments has sold for $2.4 million, Colliers International Nanaimo tells Western Investor.
The 19-unit rental complex is located in South Nanaimo’s University district, near Vancouver Island University and University Village Shopping Centre. The three buildings are senior-orientated with long-term tenants in place. Approximately 50 per cent of the total site area is undeveloped, allowing the purchaser potential for redevelopment or the construction of additional lots or buildings.
The complex is located on Bruce Ave., Nanaimo.
Do you have a Done Deal you'd like to promote? Submit here for a free posting!
