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533 2nd Av 10 Unit Apartment Building $2,500,000 CAD ($250,000 CAD/Unit) Kamloops, BC V2C 3L3
Investment Highlights
- Fully leased apartment building with ten residential units.
- Mix of nine one-bedroom units and one two-bedroom unit.
- Located within the South Kamloops downtown area.
- New boiler system installed in 2024.
- Two units feature exterior access and in-unit laundry.
- Close to transit, retail services, employment, and civic amenities.
Executive Summary
Great investment opportunity in this centrally located Downtown area Apartment building in South Kamloops which has Ten units comprised of nine one bedroom units and one two bedroom unit. The two bedroom unit and one of the one bedroom units are self contained with outside access and each have washer/dryer. There is a brand new boiler system which was installed in 2024 and also other updates. Fully tenanted and always in demand due to the great location.
Property Facts
| Price | $2,500,000 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $250,000 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 16,662 SF |
| No. Units | 10 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment | ||
| Zoning | RM-2 - RM-2 (Medium Density Multiple Family Residential) | ||
| Price | $2,500,000 CAD |
| Price Per Unit | $250,000 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Building Size | 16,662 SF |
| No. Stories | 4 |
| Year Built | 1967 |
| Zoning | RM-2 - RM-2 (Medium Density Multiple Family Residential) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+1 | 1 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
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533 2nd Av
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