Wallinger Apartments | 310 Wallinger Av
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Wallinger Apartments 310 Wallinger Av
20 Unit Block of Flats £2,856,967 (£142,848/Unit) 7.61% Net Initial Yield Kimberley, BC V1A 1Z4
EXECUTIVE SUMMARY
Avison Young is pleased to market for sale Wallinger Apartments located in one of BC’s recreational havens, Kimberley – recognized as one of BC’s resort municipalities allowing for nightly, short- and long-term rentals providing flexible operational opportunities. The Property has been significantly upgraded with more than $1,000,000 in upgrades, is offered well-below replacement cost and has CMHC financing in place rewarding an investor with a turnkey acquisition opportunity.
PROPERTY FACTS
| Price | £2,856,967 | Apartment Style | Low Rise |
| Price Per Unit | £142,848 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.41 AC |
| Net Initial Yield | 7.61% | Building Size | 25,819 SF |
| No. Units | 20 | Number of Floors | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1980/2020 |
| Property Subtype | Apartment |
| Price | £2,856,967 |
| Price Per Unit | £142,848 |
| Sale Type | Investment |
| Net Initial Yield | 7.61% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.41 AC |
| Building Size | 25,819 SF |
| Number of Floors | 3 |
| Year Built/Renovated | 1980/2020 |
UNIT AMENITIES
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Wooden Floors
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Dining Room
- Freezer
- Large Bedrooms
SITE AMENITIES
- Private Bathroom
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Walk Score®
Very Walkable (70)
ZONING
| Zoning Code | C1 (C1-Commercial) |
| C1 (C1-Commercial) |
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Wallinger Apartments | 310 Wallinger Av
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