Multifamily in V9R available for sale
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Apartment Building for Sale near V9R

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V9R Apartment Building for Sale

More details for 380-400 Third St, Nanaimo, BC - Multifamily for Sale

Trinity Apartments - 380-400 Third St

Nanaimo, BC V9R 3R5

  • Multifamily for Sale
  • $12,980,000 CAD
  • 59,180 SF
  • Air Conditioning
  • Security System
  • Controlled Access
  • Kitchen
  • Smoke Detector

Nanaimo Multifamily for Sale

The Trinity Apartments complex is comprised of two three-storey buildings situated on a large 1.35-acre site. The “California” style building design offers large studio style suites with individual entrances that appeal to a wide range of tenants that enjoy having their own front door including students attending the nearby Vancouver Island University. This building design offers a low maintenance and cost-effective alternative to traditional buildings as there are no common area hallways and lobbies to heat, maintain or clean. The Trinity Apartments has undergone a significant transformation under the current ownership with almost all of the suites being fully renovated, new exterior paint (2019) and new on-demand hot water system (2018). One of the units has been converted into an onsite managers office with a modern security system including 39 security cameras positioned around the property. Many of the large studios lend themselves nicely to a conversion opportunity to create junior 1-bedroom suites and the current owner has already completed the conversion of a couple of suites. The studio style suites command market leading price per foot rents and provide good turnover, ensuring rents keep up with inflation. Approximately 25% upside in mark to market rents.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2024-04-08
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Apartment Buildings for Sale Within 5 kilometers of V9R

More details for 275 Cypress St, Nanaimo, BC - Multifamily for Sale

275 Cypress St

Nanaimo, BC V9S 5J9

  • Multifamily for Sale
  • $16,700,000 CAD
  • 45,023 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Nanaimo Multifamily for Sale

The Colliers Multifamily Investment Team is pleased to present a 64-suite well-maintained cash-flowing apartment building featuring a very unique 3,750 SF Penthouse boasting breathtaking ocean views originally constructed as the owner’s personal residence.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2026-01-16
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LoopNet Canada British Columbia Nanaimo Apartment Buildings For Sale in V9R, Nanaimo, Canada

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Apartment Buildings for Sale in V9R

View All Available Listings
How many apartment buildings are available for sale in V9R?
There are currently 1 apartment buildings available for sale in V9R, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in V9R?
The average size of apartment buildings available for sale in Nanaimo is about 59,180 SF. The largest apartment buildings available to buy is 59,180 SF and the smallest is 59,180 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in V9R?
The average market cap rate for apartment buildings for sale is about 5.30% based on data provided in V9R. Learn more about how cap rates are calculated.
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