Multifamily in Osoyoos available for sale
1

Apartment Building for Sale in Osoyoos

The max can't be less than the min

Osoyoos Apartment Building for Sale

More details for 7807 Gravenstein dr, Osoyoos, BC - Multifamily for Sale

Osoyoos Manor - 7807 Gravenstein dr

Osoyoos, BC V0H 1V7

  • Multifamily for Sale
  • $2,850,000 CAD
  • 13,745 SF

Osoyoos Multifamily for Sale

Avison Young is pleased to present for sale Osoyoos Manor, located at 7807 Gravenstein Drive in Osoyoos, British Columbia. This offering represents a rare opportunity to acquire one of the very few purpose-built rental apartment properties in a highly desirable and supply-constrained market. The property has benefited from more than $300,000 in recent capital improvements, including upgrades to plumbing and irrigation systems, new air conditioning units, electrical enhancements, refreshed common areas with new carpeting and paint, and renovations to eight suites. As a result, Osoyoos Manor is a well-maintained and stabilized asset with limited near-term capital requirements. The property currently generates strong in-place income, with average rents approximately 28% below prevailing market levels, creating a clear mark-to-market opportunity. Investors can drive revenue growth and enhanced cash flow through strategic lease turnover and the renovation of the remaining seven unrenovated units. Osoyoos Manor is situated approximately two blocks from Osoyoos Lake and benefits from easy access to Highways 3 and 97. The wood-frame building, constructed in 1965, sits on a 19,406 square foot lot and contains approximately 13,745 square feet of rentable area, with surface parking provided on-site. Zoning is RM1 (Medium Density Residential) with a Medium Density Residential designation under the Official Community Plan. The offering is structured as an asset sale, with Property Transfer Tax applicable, and is being offered as clear title. The property is stabilized at a net operating income of $129,452, reflecting a 4.54% cap rate, with a market-stabilized NOI of $178,272, or a 6.26% cap rate. Pricing guidance is set at $2,850,000, equating to approximately $190,000 per unit. The 15-suite building includes a mix of one-bedroom and two-bedroom units, a revenue-generating laundry room with two washers and two dryers, and balconies on 11 units featuring sliding doors and metal railings.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2026-04-01
Hide
See More
1-1 of 1
  2. 1
LoopNet Canada British Columbia Apartment Buildings For Sale in Osoyoos, BC, Canada

Learn More About Investing in Apartment Buildings

More Articles
Understanding Cap Rates in Commercial Real Estate
Understanding Cap Rates in Commercial Real Estate
Calculating and Interpreting Cap Rates for Canadian Investors
Types of Commercial Leases: From Gross to Triple Net
Types of Commercial Leases: From Gross to Triple Net
Understanding the Different Lease Structures for Your Business Space
Commercial Real Estate Investing: Your Path to Market Success
Commercial Real Estate Investing: Your Path to Market Success
Your guide to starting and thriving in Canadian commercial property investments
Apartment Building Investment: A Strategic Market Overview
Apartment Building Investment: A Strategic Market Overview
Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio
How to Rent an Office for Your Business in Canada
How to Rent an Office for Your Business in Canada
Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space
Understanding Common Area Maintenance (CAM) Charges
Understanding Common Area Maintenance (CAM) Charges
Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions
How to Buy Land: From Raw to Ready for Development
How to Buy Land: From Raw to Ready for Development
Understanding Land Types and Purchase Requirements for Property Investment
REIT Investment Strategies: Building Real Estate Wealth
REIT Investment Strategies: Building Real Estate Wealth
Understanding Investment Trusts and Creating Your Portfolio Strategy

Apartment Buildings for Sale in Osoyoos

View All Available Listings
How many apartment buildings are available for sale in Osoyoos?
There are currently 1 apartment buildings available for sale in Osoyoos, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in Osoyoos?
The average size of apartment buildings available for sale in Osoyoos is about 13,745 SF. The largest apartment buildings available to buy is 13,745 SF and the smallest is 13,745 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 Osoyoos?
The average market cap rate for apartment buildings for sale is about 4.54% based on data provided in Osoyoos. Learn more about how cap rates are calculated.
Nearby Cities
Other Property Types