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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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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.