Skip to content

Nanaimo apartment complex sold

The two-building sale was listed for $6.7 million with an assessed value of over $5 million
white pine bluff
 
Avison Young has sold a two-building apartment complex in Nanaimo, the brokerage tells Western Investor.  
 
The two buildings are situated over 1.39 acres, with a total of 69 rental units. The buildings are both three-storey walkups. The Pine Bluff Apartments were listed for $6.7 million and have a combined assessed value of just over $5 million. The property has townhouse residential zoning. 
 
The properties are located at 380 and 400 Third St., Nanaimo, in the Harewood neighbourhood. 
 

Breakdown: 

 
List Price: $6,700,000
No. of Units: 69  
Lot Size: 1.36 acres 
Property Type: Multi-family 
Zoning: R6 
2016 B.C. Assessment Value: $5,014,000
Date of Sale: 10/11/2017
City: Nanaimo    
Province: B.C.  
Name of Brokerage: Avison Young Commercial Real Estate 

Do you have a Done Deal you'd like to promote? Submit here for a free posting!