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Apartments - FOR SALE
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200 Nickel Rd
Kelowna, BC V1X 4G6


HIGHLIGHTS

  • New construction multifamily asset offering family-style rental housing in a market characterized by low vacancy rates.
  • Condo-quality interiors featuring modern finishes, dishwashers, in-suite laundry, forced air, and full air conditioning for superior tenant appeal.
  • Centrally positioned near a wide range of amenities in Rutland, with immediate access to Kelowna Rock Creek Highway and Okanagan Highway.
  • Current rents are below market, creating significant upside potential through mark-to-market adjustments.

OVERVIEW

A newly constructed modern rental townhome complex in the Rutland neighborhood of Kelowna, featuring spacious two- and three-bedroom units, with under market rents and the opportunity for positive leverage investment.

FOR SALE DETAILS

PRICE

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# OF UNITS

19

CAP RATE

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% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Larson Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,462 SF

ZONING

-

APN/PARCEL ID

030-944-082

ASK ABOUT THIS PROPERTY

Sunil SuvarnaMarcus & MillichapMore Info

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Sunil SuvarnaMarcus & MillichapMore Info

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