Multi-Family
Offered at
$9,630,000
- Parking spaces
- 37
MLS® 10386799
Listed by Marcus & Millichap / REMAX Kamloops
The property
About this property.
Rare multifamily opportunity of scale in Vernon, British Columbia. This well-maintained 49-suite apartment building, situated on a 40,827 SF lot, offers investors a compelling combination of durable in-place income, meaningful capital upgrades, and a proven path to future revenue growth. Constructed in 1973, the property has benefited from significant ownership investment, including a torch-on roof replacement (2019), a new hydraulic elevator system with cab control panel (2020), new common area flooring and paint, exterior driveway re-pave and re-line, and a modern IBC on-demand hot water and heating system, materially improving long-term operational efficiency and reliability. (id:67648)
The particulars
Property details.
Details below are supplied by the listing feed. Confirm measurements, rights, fees and taxes for the particular property.
Property and layout
- Property type
- Multi-family
- Structure
- Multi-Family
- Year built
- 1973
- Attachment
- Attached
Ownership and costs
- Ownership
- Freehold
- Annual property tax
- $38,369 (tax year not supplied)
Land and parking
- Lot area
- 0.78 acres
- Parking spaces
- 37
- Lot dimensions, as supplied
- 0.78
- Parking
- Stall
Comfort and construction
- Heating
- Baseboard heaters
- Cooling
- Wall unit
- Fireplace
- No
Included features
- Security
- Smoke Detector Only
Setting and services
- Community features
- Pets Allowed With Restrictions
- Water supply
- Municipal water
- Sewer
- Municipal sewage system
Location details
- Area
- City of Vernon
- City
- Vernon
- Province
- British Columbia
- Postal code
- V1T5G8
The setting
Explore
the location.
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Source record updated 8 May 2026, 23:35 UTC.