Commercial Real Estate in Penticton available for sale
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Multifamily Property for Sale near Penticton

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Penticton Multifamily Property for Sale

Apartment Buildings for Sale Within of Penticton

More details for 116 Calgary Av, Penticton, BC - Multifamily for Sale

116 Calgary Av

Penticton, BC V2A 2T6

  • Multifamily for Sale
  • $1,285,000 CAD
  • 3,120 SF

Penticton Multifamily for Sale

INVESTMENT OPPORTUNITY! Fourplex - Built in 2018. Fourplex consists of (two) two bedroom with two bathrooms (880 SF) on the upper floor and (two) one-bedroom with one bathroom (680 SF) on the lower floor. In total there are 4 units that are fully tenanted. Units are individually metered and tenants pay for utilities. Laundry in every unit. Centrally located to amenities including Safeway, Starbucks, Shoppers Drug Mart and BC Liquor Stores. Designated parking stalls. . Room measurements are for half of fourplex. Measurements taken from building plans and are approximate.

Contact:

Jared Gibbons

Property Subtype:

Apartment

Date on Market:

2025-08-07
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More details for 120 Calgary Av, Penticton, BC - Multifamily for Sale

120 Calgary Av

Penticton, BC V2A 2T6

  • Multifamily for Sale
  • $1,299,000 CAD
  • 3,002 SF
  • Air Conditioning

Penticton Multifamily for Sale

2018-built FOUR-PLEX offers two 2-bed/2-bath units and two 1-bed/1-bath units, each with in-suite laundry and separate metering. Rented for $6,183 PER MONTH / $74,196 PER YEAR. The property is centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, with designated parking. Penticton has low vacancy rates, so expect a solid CAP rate. CHMC MORTGAGE AVAILABLE if you purchase both buildings (40 - 50 year amortization). Property Type - Single Family Building Type - Fourplex Storeys - 2 Square Footage - 3002 sqft Neighbourhood Name - Main North Title - Freehold Land Size - 0.11 ac|under 1 acre Built in - 2018 Annual Property Taxes - $6,918.92 Total Parking Spaces - 3 Appliances Included - Range, Refrigerator, Dishwasher, Washer & Dryer Flooring - Laminate, Tile Cooling - Heat Pump Heating Type - (Electric), Heat Pump Utility Sewer - Municipal sewage system Water - Municipal water

Contact:

Jared Gibbons

Property Subtype:

Apartment

Date on Market:

2025-04-17
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More details for 124 Calgary Av, Penticton, BC - Multifamily for Sale

124 Calgary Av

Penticton, BC V2A 2T6

  • Multifamily for Sale
  • $1,299,000 CAD
  • 3,002 SF

Penticton Multifamily for Sale

2018-built FOUR-PLEX offers two 2-bed/2-bath units and two 1-bed/1-bath units, each with in-suite laundry and separate metering. Rented for $6,227 PER MONTH / $74,724 PER YEAR. The property is centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, with designated parking. Penticton has low vacancy rates, so expect a solid CAP rate. CHMC MORTGAGE AVAILABLE if you purchase both buildings (40 - 50 year amortization). Property Type - Single Family Building Type - Fourplex Storeys - 2 Square Footage - 3002 sqft Neighbourhood Name - Main North Title - Freehold Land Size - 0.1 ac|under 1 acre Built in - 2018 Annual Property Taxes - $6,918.92 Total Parking Spaces - 3 Appliances Included - Range, Refrigerator, Dishwasher, Oven - Electric, Microwave, Washer & Dryer Flooring - Laminate, Tile Cooling - Heat Pump Heating Type - (Electric), Heat Pump Utility Type - Cable (Not Available), Electricity (Available), Telephone (Available), Sewer (Available), Water (Available)

Contact:

Jared Gibbons

Property Subtype:

Apartment

Date on Market:

2025-04-17
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More details for Crestview Manor & Spanish Villa – Multifamily for Sale, Penticton, BC

Crestview Manor & Spanish Villa

  • Multifamily for Sale
  • $16,000,000 CAD
  • 71,490 SF
  • 2 Multifamily Properties

Penticton Portfolio of properties for Sale

The McEvay Blair Multifamily Group of Marcus & Millichap presents an opportunity to acquire Spanish Villa and Crestview Manor, two 42-suite apartment buildings in close proximity to each other near downtown Penticton. Both properties have been family operated for nearly 20 years and are professionally managed by the family’s in-house management team. Spanish Villa and Crestview Manor each have their own distinct character, yet both provide investors with strong in place cash flow and a clear path to revenue growth through targeted renovation programs. With over $1.3 million in capital improvements invested since 2018, key infrastructure has been enhanced—allowing investors to focus on unit upgrades upon tenant turnover. The properties are held in bare trusts, and while a portfolio sale is preferred, individual offers will be considered.

Contact:

Marcus & Millichap

Property Subtype:

Multi Family

Date on Market:

2025-03-07
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LoopNet Canada British Columbia Multifamily Properties For Sale in Penticton, BC, Canada

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Multifamily Properties for Sale in Penticton

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How many multifamily properties are available for sale in Penticton?
There are currently 10 multifamily properties available for sale in Penticton, offering a unique opportunity for businesses to establish a presence.
How big are the multifamily properties available for sale in Penticton?
The average size of multifamily properties available for sale in Penticton is about 16,259 SF. The largest multifamily properties available to buy is 71,490 SF and the smallest is 1,335 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 multifamily properties in Penticton?
The average market cap rate for multifamily properties for sale is about 4.61% based on data provided in Penticton. Learn more about how cap rates are calculated.
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