For Sale: Nob Hill Apartments. Multi – family investment opportunity in the historic Nob Hill area of Nanaimo in close proximity to downtown and all its amenities. The property is comprised of 8 suites over 3 storeys featuring 3 bachelor, 4 one bedroom, and 1 two bedroom apartment units. The current owners have completed substantial upgrades to the building and a list of upgrades can be provided upon request. Total gross income of $88,740 for 2018. There is excess land with potential for further development. All prospective purchasers are encouraged to speak directly with the City of Nanaimo to confirm future development potential. Further details available.
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