Address: Alpine Dr, Elkford, BC V0B 1H0, Canada
Property Description
Alpine Court is a 60-unit apartment community in Elkford situated on a 1.534-acre (66,821-square-foot) site zoned Apartment Residential, the property consists of a three-storey wood-frame apartment building constructed in 1982. The asset serves as an important source of purpose-built rental housing within one of British Columbia’s most supply-constrained resource communities.
The property features a diverse suite mix comprised of 6 onebedroom units, 48 two-bedroom units, and 6 three-bedroom units, providing accommodation options for individuals, couples, and families employed throughout the Elk Valley region.
The property has benefited from ongoing ownership stewardship and a series of capital improvements designed to maintain and enhance the asset’s long-term performance. Recent building and site upgrades include exterior painting, replacement of decks and porches, tree removal, construction of a new paved parking entrance and garbage system improvements.
In addition to building-wide upgrades, ownership has undertaken a significant suite renovation program across the property. Approximately 15 units have been upgraded through a combination of interior painting, flooring replacements, full suite renovations, window replacements, and general unit refreshes. These improvements have strengthened tenant appeal, improved overall asset quality, and contributed to the property’s competitive position within the local rental market.