Sites & Buildings - Multifamily, For Sale

Opportunity Information

Sheriton Manor

543 Rowcliffe Avenue Kelowna Thompson/Okanagan Central Okanagan Multifamily $6,500,000 --
 

Marcus & Millichap and Avison Young are pleased to present a rare opportunity to acquire a 30-unit, 4-storey rental apartment building located at 543 Rowcliffe Avenue, Kelowna, BC (the “Property”). Kelowna boasts a very low vacancy rate at 2.3% (CMHC Fall 2019).

The Western Investor newspaper picked Kelowna as the #1 City in Western Canada to invest in real estate in 2018. This is a... Read More

 

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Community Profile: Kelowna

Thompson/Okanagan
Central Okanagan

Kelowna is the largest community in the Okanagan Valley. Bordering Okanagan Lake, Kelowna is well known for its warm summers and temperate winters. Kelowna continues to be one of the fastest growing cities in BC with high technology, niche manufacturing, health care, tourism and post-secondary education sectors in particular attracting new business and residents to the area.

Statistics
Total Population 127,380
Median Household Income $68,627 ($CDN)
Closest Commercial Airport Kelowna International Airport (14km)
Closest Ocean Port Port of Vancouver (362km)
Closest Major Centre Vancouver (362km)
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