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4010 Walters St 75 Unit Apartment Building For Sale Merritt, BC V1K 0C1
INVESTMENT HIGHLIGHTS
- Attractive Assumable CMHC Financing
- 2.06-Acre Corner Lot Overlooking the City of Merritt and Surrounding Mountains
- Fully Stabilized Investment Opportunity Controlling Approximately 35% of the Total Rental Stock in Merritt
- Share Purchase Possible (Potential to Save on PPT)
- Strategic Location Near Nicola Valley Hospital & Nicola Valley Institute of Technology
EXECUTIVE SUMMARY
Macdonald Commercial is pleased to share an exciting opportunity to acquire a newly constructed 75 unit rental apartment building in Merritt, BC situated on a 2.06 acre lot in close proximity to Merritt’s Commercial Centre. The building offers a myriad of high-quality interior and exterior finishings, with suites featuring generous balconies, stainless steel appliances, 9-foot ceilings, in-suite washers/dryers and secure keypad entry.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 2.06 AC |
| No. Units | 75 | Building Size | 68,832 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.55/1,000 SF |
| Building Class | B | ||
| Zoning | R8 - High Density Residential | ||
| Sale Type | Investment |
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 2.06 AC |
| Building Size | 68,832 SF |
| No. Stories | 4 |
| Year Built | 2022 |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | R8 - High Density Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | - |
| 1+1 | 36 | - | - |
| 2+1 | 11 | - | - |
| 2+2 | 16 | - | - |
| 3+2 | 3 | - | - |
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4010 Walters St
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