1 Chapel Street
Nanaimo, BC
93-Suite Trophy Waterfront High-Rise Apartment
CBRE Limited is pleased to present for sale 1 Chapel Street (the “Property” or “Seacrest Apartments”), located in Nanaimo, BC. This trophy 18-storey waterfront concrete apartment tower has been a fixture in the Nanaimo skyline since 1964. With 93 residential units, this offering represents rare residential scale with unimpeded ocean views in Nanaimo’s downtown core. Investors will benefit from rental rates that possess a 22% spread to current market rates in an exceptionally well amenitized neighbourhood with sustained residential demand.
Building Area: 90,089 SF | Land: 33,105 SF
Multi-Family
Contact Agents
Listing Agent: Chris Rust
Contact Info: [email protected] | 250 386 0005