9 Mar 23
Nanaimo 27-suite multi-family sells for $6.2 million Western Investor Staff Western Investor Sale price was $100,000 over list for property close to downtown, with all rentals as one-bedroom units. It sold at a 5.09 per cent cap rate, agents say. Macdonald Commercial, Vancouver, for Western Investor Property type: Multi-family rental building Location: 116 Prideaux Street, Nanaimo, B.C. Number of units: 27 List price: $6.1 million Sale price: $6.2 million Brokerage: Macdonald Commercial, Vancouver Brokers: Chris Shulz and Chris Winckers © 2023 Western Investor