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 975 Tranquille Rd, Kamloops, BC - Multifamily for Sale

Thompson Rivers Manor - 975 Tranquille Rd

Kamloops, BC V2B 3J6

  • Multifamily for Sale
  • $7,400,000 CAD
  • 30,000 SF
  • Security System

Kamloops Multifamily for Sale

Thompson Rivers Manor offers an outstanding investment opportunity in the fast-growing Kamloops market. This 35-unit rental apartment complex is located on the North Shore and provides excellent connectivity to local amenities, shopping destinations, public transit, and recreational areas. The property comprises a mix of bachelor and one-bedroom units and has benefited from significant recent capital improvements, including new roofing, window upgrades, and balcony resurfacing planned for 2024. The building is constructed with durable concrete block and wood-frame elements, featuring individual hot water tanks for each suite, CCTV security installation, and common area upgrades. Tenancy remains stable due to a location that appeals to a wide range of renters, supported by a low neighborhood vacancy rate of 1.1% (CMHC Report Fall 2025). With approximately $1.9 million recently reinvested following a past restoration, this asset is positioned for long-term operational efficiency and predictable cash flow. Investors can expect steady rental income and potential future upside in a high-demand rental market with limited new supply across the Okanagan and BC Interior.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2026-05-14
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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

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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 19,746 SF. The largest apartment buildings available to buy is 30,000 SF and the smallest is 9,492 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.
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