Commercial Real Estate in Cranbrook available for sale
2

Multifamily Properties for Sale near Cranbrook

The max can't be less than the min

Apartment Buildings for Sale Within of Cranbrook

More details for East Kootenay Apartment Portfolio – Multifamily for Sale

East Kootenay Apartment Portfolio

  • Multifamily for Sale
  • Price Upon Request
  • 246,939 SF
  • 6 Multifamily Properties

Portfolio of properties for Sale

Macdonald Commercial (the “Advisors”) is pleased to present the East Kootenay Apartment Portfolio (the “Portfolio”), a 242-unit multifamily offering comprising six purpose-built rental properties located throughout the East Kootenay region of British Columbia, including Cranbrook, Sparwood, and Elkford. The offering consists of Brookfield Apartments, Parkcrest Court, Golden Oak Gardens, Pineway Court, Alpine Court, and Alderwood Place, representing a diverse collection of apartment and townhouse rental housing strategically positioned within the region’s primary economic centres. The properties feature a balanced mix of one-, two-, and three-bedroom suites, together with 30 three-bedroom townhouse units, providing broad appeal to workforce, family, and long-term residents. Collectively, the Portfolio comprises 242 residential units situated across approximately 9.32 acres of land. The properties have benefited from significant capital investment, including roof replacements, building envelope restoration, exterior painting programs, balcony replacement initiatives, accessibility and parking improvements, concrete stair and landing replacements, fire alarm upgrades, and extensive suite renovation programs. More than 50 apartment and townhouse units have been renovated or upgraded throughout the Portfolio, supporting tenant retention and long-term asset performance. These initiatives have enhanced the overall condition of the assets, reduced near-term capital requirements, and created opportunities for future rental growth. The East Kootenay region continues to benefit from a diversified economic base supported by natural resource industries, healthcare, education, transportation, tourism, and commercial services. As the principal service centre for the region, Cranbrook functions as a commercial and transportation hub, while Sparwood and Elkford are supported by major mining operations that generate sustained housing demand. Investors are offered the opportunity to acquire meaningful scale within a supply-constrained rental market characterized by limited new rental inventory and historically strong occupancy fundamentals. Offered for sale as a single transaction, the Portfolio delivers immediate scale, geographic diversification within a cohesive regional market, and a well-established multifamily investment supported by a proven operating history, substantial in-place cash flow, and long-term growth potential.

Contact:

Macdonald Commercial

Property Subtype:

Multi Family

Date on Market:

2026-06-29
Hide
See More
More details for 2025 N 10th St, Cranbrook, BC - Multifamily for Sale

2025 N 10th St

Cranbrook, BC V1C 4H5

  • Multifamily for Sale
  • $3,988,000 CAD
  • 269,636 SF

Cranbrook Multifamily for Sale

Mesa Grove Mobile Home Park in Cranbrook BC is a modular home community sitting on 6.19 acres with 52 fully occupied pads. Located within the Commercial Core of the OCP, the property provides an excellent cash flow investment, and redevelopment opportunity located minutes away from Cranbrook Golf Club, parks, lakes, malls and other city amenities.

Contact:

Royal LePage Westside Klein Group

Property Subtype:

Mobile Home Park

Date on Market:

2024-02-27
Hide
See More
LoopNet Canada British Columbia Multifamily Properties For Sale in Cranbrook, BC, Canada

Learn More About Investing in Multifamily Properties

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

Multifamily Properties for Sale in Cranbrook

View All Available Listings
How many multifamily properties are available for sale in Cranbrook?
There are currently 2 multifamily properties available for sale in Cranbrook, offering a unique opportunity for businesses to establish a presence.
How big are the multifamily properties available for sale in Cranbrook?
The average size of multifamily properties available for sale in Cranbrook is about 246,939 SF. The largest multifamily properties available to buy is 246,939 SF and the smallest is 246,939 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.
Nearby Cities
Other Property Types