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4010 Walters St 75 Unit Apartment Building For Sale Merritt, BC V1K 0C1



Investment Highlights
- Well balanced suite mix of studio, 1, 2 & 3 bedroom homes
- Modern construction, strong fundamentals, desirable residential location
- Prime location with connectivity to shops, restaurants, schools and highways
Executive Summary
Presenting a rare opportunity to acquire a modern, purpose-built rental apartment asset in the highly desirable Merritt Bench area, this 75-unit building was constructed in 2022 and offers a well-balanced suite mix of studio, one bedroom, two-bedroom, and three-bedroom homes. Situated on a substantial 2.06-acre site, the property comprises approximately 52,103 SF of net rentable area and is positioned under R8 High Density Residential zoning, with a 4-storey building form and potential share purchase structure. The building has been thoughtfully designed for operational efficiency, tenant comfort, and long-term asset durability. Features include fully sprinklered construction, elevator service, gym, table tennis room, media room, individually metered suite hydro, app-controlled fob and biometric access, in-suite laundry, private balconies and patios, and high-end interior finishes throughout. Its strategic location provides strong connectivity to shopping, restaurants, schools, recreation, downtown Merritt, and major highway routes, supporting both tenant retention and long-term rental demand. This is a compelling multifamily investment opportunity offering modern construction, scale, strong fundamentals, and a prime position within one of Merritt’s most established residential neighbourhoods.
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 |
|---|---|---|---|
| 1+1 | 45 | - | - |
| 2+1 | 11 | - | - |
| 2+2 | 16 | - | - |
| 3+2 | 3 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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4010 Walters St
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