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Apartment Buildings for Sale in Nanaimo that Sold in 2016 & Earlier

 Thinking of buying or selling an apartment block in Nanaimo,

call Andre at 250-940-2713 

The following research and information is provided compliments of Andre. The tables show the following variables for apartment building sales in Nanaimo: sale date, building name, address, city, year built, total number of suites, sale price, price per suite and capitalization rate. Note that these sales may not include share transfer sales or other sales where the number of units or price is not verifiable. Sales of smaller multi-family investment property of 10 units or less may also not be included.

Nanaimo Apartment Buildings for Sale that Sold in 2016 

Sale Date Building Name Address Age #of Suites Sale Price $ per Suite Cap Rate

 01/2016

 Dogwood Apartments

 270 Wakesiah Ave

 1963

 20

 1,350,000

 67,500

 

01/2016

Alderwood Apartments

680 3rd St

1963

18

1,249,000

69,388

 

 02/2016

 

76 Pryde Ave 

 1990

 13 Strata

 1,300,000

 100,000

 5.53

 03/2016

 Boundary Ridge Apartments

 1525 - 1595 Boundary Crescent

 1972

 51

 4,799,999

 93,725

 4.94

 05/2016

 Crest Apartments

 775 Terminal Ave

 2012

 121

 20,500,000

 169,421

 5.03

 06/2016

 Summerhill Place Apartments

 1820 Summerhill Place

 2015

 103

 20,000,000

 194,174

 5.21

 06/2016

 Mountain View

 1680 Dufferin Crescent

 

 75 concrete hi-rise

 9,924,967

 132,332

 

 08/2016

 Lynburn Manor

 1840 Argyle Ave

 1963

 29

 4,549,990

 156,896

 4.26%

 09/2016

 Country Gardens

 652 - 674 Bruce Ave

 1964

 19

 2,350,000

 123,684

5.3% 

 

Nanaimo Apartment Buildings for Sale  that Sold in 2015 

Sale Date Building Name Address Age # of Suites Sale Price $ per Suite Cap Rate
01/2015 Vista Apartments 1420 Estevan Rd 1971 16 1,150,000 71,875  
04/2015 Stewart Arms 450 Stewart Ave 1973 73 7,880,000 107,945  
12/2015 Forest Glen Manor 4451 Wellington Rd 1991 33 2,800,000 84,848  
 

Nanaimo Apartment Buildings for Sale that Sold in 2014 

Sale Date Building Name

Address 

Age # of Suites Sale Price $ per Suite Cap Rate
 03/2014    620 Pine St  1953  12  900,000  75,000  
 04/2014  Georgia Vista Apartments  2805 Glenayre Drive  1968  17  2,150,000  126,470  
 09/2014  Parkwood Manor  1480 Boundary Crescent  1972  54  5,500,000  101,857  
 12/2014  Adele Apartments  1430 Estevan Rd  1956  11  796,800  72,363  6%
 

Nanaimo Apartment Buildings for Sale that Sold in 2013  

No apartment building sales larger than 10 suites found in 2013

Nanaimo Apartment Buildings for Sale that Sold in 2012

Sale Date

Property

Address

Age

# Suites

Sale Price

$ per Suite

Cap Rate

1/2/12

Beach   House

130 Stewart Ave

1974

24

2,075,000

86,458

5.32

1/4/12

 

12 Rosehill St

1961

6

1,100,000

183,333

 

1/7/12

Mt Benson Arms

350 Terminal Ave N

1975

52

5,512,000

106,000

4.58

1/9/12

Sea   Crest Towers

1 Chapel St

1964

109

13,300,000

122,018

4.19

Nanaimo Apartment Buildings for Sale that Sold in 2011

Sale Date

Property

Address

Age

# Suites

Sale Price

$ per Suite

Cap Rate

1/2/11

The   Highlands

2502 Highland Blvd

1965

21

2,440,000

116,190

6.29

1/3/11

River   Bend Terrace

653 Rosehill St

1962

11

 

 

 

1/3/11

Riverbend   Terrace

659 Rosehill St

1967

8

 

 

 

31/3/11

Riverbend   Terrace

309-357 Millstone

1962

29

 

 

 

1/4/11

Roselind 

515 Hecate St

1955 

6

500,000

83,373

 

1/6/11

Dufferin   Heights

1651 Dufferin Cres

1991

63

7,500,000

119,048

5.05