778-717-2392
4010 Walters St, Merritt, BC for Sale
Apartments - FOR SALE
1/40
null | Request Cap Rate

4010 Walters St
Merritt, BC V1K 0C1


HIGHLIGHTS

  • Well balanced suite mix of studio, 1, 2 & 3 bedroom homes
  • Prime location with connectivity to shops, restaurants, schools and highways
  • Modern construction, strong fundamentals, desirable residential location

OVERVIEW

Presenting a rare opportunity to acquire a modern, purpose-built rental apartment asset in the highly desirable Merritt Bench area, this 75-unit building was constructed in 2023 and offers a well-balanced suite mix of studio, one bedroom, two-bedroom, and three-bedroom homes. Situated on a substantial 2.06-acre site, the property comprises approximately 52,103 SF of net rentable area and is positioned under R8 High Density Residential zoning, with a 4-storey building form and potential share purchase structure. The building has been thoughtfully designed for operational efficiency, tenant comfort, and long-term asset durability. Features include fully sprinklered construction, elevator service, gym, table tennis room, media room, individually metered suite hydro, app-controlled fob and biometric access, in-suite laundry, private balconies and patios, and high-end interior finishes throughout. Its strategic location provides strong connectivity to shopping, restaurants, schools, recreation, downtown Merritt, and major highway routes, supporting both tenant retention and long-term rental demand. This is a compelling multifamily investment opportunity offering modern construction, scale, strong fundamentals, and a prime position within one of Merritt’s most established residential neighbourhoods.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

75

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2023

PARKING SPACES

107

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

R8

APN/PARCEL ID

002-918-196

ASK ABOUT THIS PROPERTY

Eugen KleinRoyal LePage Westside Klein GroupMore Info
778-717-2392

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Eugen KleinRoyal LePage Westside Klein GroupMore Info
778-717-2392

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.