Osoyoos Manor
- Excellent suite mix (9 one-bedroom & 6 two-bedroom suites)
- Rental revenue is 28% below market offering significant rental upside
- Completed capital upgrades in excess of $300,000 including 8 renovated units, electrical enhancements, refreshed common areas, new air conditioning units and more
- Revenue generating laundry room with 2 washers & 2 dryers
Property Description
Avison Young is pleased to present Osoyoos Manor, a rare opportunity to acquire one of the very few rental apartment buildings in a highly desirable and supply-constrained market. This 15-unit property has benefited from over $300,000 in recent capital improvements, including 8 fully renovated suites including the addition of dishwashers. Osoyoos Manor is located just 2 blocks from Osoyoos Lake and features 28% upside to market rents and the ability to increase revenue by renovating the remaining 7 suites.Broker Details
Avison Young +1 604 647 5089
Broker Details
Avison Young +1 604 757 1115
Broker Details
Avison Young 604-647-1352
Broker Details
Avison Young +1 604 260 1873
Broker Details
Avison Young 604-646-8389
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,850,000 |
| No. of Units: | 15 |
| Average Occupancy: | 4.54% |
| Lot Size: | 13,745.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $190,000 |
| Property Website | Click Here |
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