Multifamily in Kamloops available for sale
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Apartment Buildings for Sale in Kamloops

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Kamloops Apartment Building for Sale

More details for 190-200 Carson Cres, Kamloops, BC - Multifamily for Sale

Island Park Place - 190-200 Carson Cres

Kamloops, BC V2B 3S3

  • Multifamily for Sale
  • $4,499,000 CAD
  • 19,882 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Kamloops Multifamily for Sale

An exciting opportunity to acquire an exceptionally maintained 22-unit apartment building in Kamloops, BC. The property sits on a 19,882 square foot corner lot on Kamloops’ North Shore, and offers immediate access to Rivers Trail, which runs alongside the Thompson River. The building offers many high-quality upgrades, including new balcony surfaces, new balcony railings, and new windows. In addition, the building offers a new intercom system and there are individual hot water tanks in each suite. Here is your opportunity to own an attractive rental property on Kamloops’ North Shore!

Contact:

Macdonald Commercial

Property Subtype:

Apartment

Date on Market:

2025-05-21
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More details for 490 7th Av, Kamloops, BC - Multifamily for Sale

490 7th Av

Kamloops, BC V2C 3T2

  • Multifamily for Sale
  • $3,499,000 CAD
  • 9,492 SF

Kamloops Multifamily for Sale

This rare multi-family investment opportunity in South Kamloops features a well-maintained apartment building with 14 spacious one-bedroom units. The property has undergone extensive upgrades in 2022 and 2023, ensuring modern functionality and reduced capital expenditure for new ownership. Enhancements include a new torch-on roof, in-suite laundry in every unit, fully renovated bathrooms, and updated kitchens in 11 of 14 units. Additional improvements include high-efficiency windows and sliding doors, new hot water tanks, stainless steel appliances in 90% of units, new flooring with durable ceramic tile, and upgraded electrical panels. The building’s concrete construction between floors provides superior fire separation and sound insulation, complemented by concrete balconies for added durability. Tenants pay their own utilities, with electric baseboard heating and individual hot water tanks in each suite. The property also offers new tenant storage lockers, secure entry, and 18 parking spaces via carport and street parking. Located in a desirable South Kamloops neighborhood, the property benefits from proximity to downtown amenities, retail, and transit. This asset offers stable income potential and long-term value in a growing market. Financial information is available to qualified buyers.

Contact:

Re/Max Real Estate Kamloops

Property Subtype:

Apartment

Date on Market:

2026-03-30
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LoopNet Canada British Columbia Apartment Buildings For Sale in Kamloops, BC, Canada

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Apartment Buildings for Sale in Kamloops

View All Available Listings
How many apartment buildings are available for sale in Kamloops?
There are currently 2 apartment buildings available for sale in Kamloops, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in Kamloops?
The average size of apartment buildings available for sale in Kamloops is about 19,882 SF. The largest apartment buildings available to buy is 19,882 SF and the smallest is 19,882 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in Kamloops?
The average market cap rate for apartment buildings for sale is about 5.50% based on data provided in Kamloops. Learn more about how cap rates are calculated.
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