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Apartments - FOR SALE
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797 Winnipeg St
Penticton, BC V2A 2J6


HIGHLIGHTS

  • Highly desirable location near Okanagan Lake Beach, downtown Penticton, and Penticton Plaza Mall.
  • Majority two-bedroom unit mix with generous layouts and large balconies for every unit.
  • Approximately 50% of suites already renovated, with additional upside through future upgrades.
  • Assumable short-term, low-interest CMHC financing available to the purchaser.

OVERVIEW

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Winton Terrace, a well-maintained and beautifully located, 26-unit apartment building in the heart of Penticton. Situated on a 19,000-sf lot, the property benefits from its close proximity to downtown, Okanagan Lake, Okanagan College, and several major thoroughfares. This central location continues to experience consistent rental demand supported by population growth, constrained housing supply, and limited new purpose-built rental construction in the immediate area.

FOR SALE DETAILS

PRICE

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# OF UNITS

26

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Winton Terrace

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,010 SF

ZONING

-

APN/PARCEL ID

012-188-905

ASK ABOUT THIS PROPERTY

Sunil SuvarnaMarcus & MillichapMore Info

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Sunil SuvarnaMarcus & MillichapMore Info

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