$10,500,000

Investment For Sale In Penticton, British Columbia

$10,500,000

Property Information:

Introducing 43 and 83 Calgary Avenue Apartments, a very special 55+ collection centrally located in Penticton, just steps from all essential amenities, offering safe and convenient senior rental living. Both buildings are in excellent condition and together comprise 46 units: 3 studios, 17 one-bedroom, and 24 two-bedroom apartments, each featuring pleasant and highly desirable layouts. Thanks to its prime location and the distinctive appeal of a 55+ community, this property represents a rare opportunity for investors seeking stable, high-demand rental housing. Suites lease quickly upon availability, providing consistent income and an opportunity to adjust rents to market levels. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Fire Protection: Security
  • Heating Type: Baseboard heaters
  • Cooling Type: Window air conditioner

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1994
  • Community Features: Seniors Oriented
  • Irregular: Yes
  • Lot Size: 0.46 Acres
  • Sewer: Municipal sewage system
  • Parking Type: Rear

Courtesy of: Chamberlain Property Group Inc.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.