Commercial Real Estate BC, Business for sale Alberta

Multi-family Apartment Building For Sale, Kamloops BC
Kamloops

$11,250,000
Multifamily

Multi-family Apartment Building For Sale, Kamloops BC, bc multi-family apartment building for sale
Status:
Active
Prop. Type:
Multifamily
MLS® Num:
165166
Multi-family Apartment Building For Sale, Kamloops BC - Exclusive opportunity to purchase 100% freehold interest in Silvercrest Suites, a 53 unit, strata-titled rental apartment building located on Kamloops North Shore. the newly built (2014) 5 storey multifamily asset constructed by a local, reputable developer is designed for tenants age 55 and over; which is a severely under-served demographic in Kamloops. High demand for the well-appointed units in Silverscrest Suites outweighs the supply, resulting in substantial rental rates, historically high increases on turnover, and secure cash flow. The asset is strategically located directly across the street from Northills Shopping Centre, an amenity-rich complex with grocery, banks, restaurants, services and public transit, a mere steps from the front door of Silvercrest. Now being offered at a 4.5+% cap rate with the new price.
Price:
$11,250,000
Property Type:
Multifamily
MLS® Num:
165166
Status:
Active
Courtesy of:
Marcus & Millichap R.E.I.S.
  • Photo 1: Multi-family Apartment Building For Sale, Kamloops BC in Kamloops: Multifamily for sale : MLS®# 165166
    Multi-family Apartment Building For Sale, Kamloops BC, bc multi-family apartment building for sale
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Marketed by LaBoutique Realty
Data was last updated November 26, 2022 at 04:40 AM (UTC)
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