Map of Property

York Avenue Apartments

725 York Avenue, Kamloops, BC V2B 2

  • For Sale $6,295,000
  • Property Type Multi-Family
  • Property Size 14,192 SF
  • Units 20
  • Lot Size 0.58 Acre
  • Year Built 2021
  • Date Updated Jan 22, 2024
York Avenue Apartments is conveniently located in North Kamloops, just off main arterials 8th Street and Halston Avenue. The Property benefits from its proximity to shopping, services and amenities providing residents with a livable location steps from North Thompson River.The Avison Young Multi-Family Team is pleased to market for sale York Avenue Apartments located at 725 York Avenue, Kamloops, BC (the “Property”). The Property was completed in 2021 by Granite Developments featuring condo quality construction, individually stratified units and is 100% tenanted offering strong stable cash flow as tenants pay their own hydro, heat, internet, and cable. Additionally, the Property features a bicycle storage room, ample surface level parking and each unit has in-suite laundry and PTAC heating/cooling systems.

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Attachments

Highlights

  • Twenty (20) stratified rental apartment units offering flexible investor exit strategies
  • Superb suite mix: 12 one-bedroom and 8 two-bedroom units
  • Condo quality units including six (6) piece appliance package, window coverings and open floor plans
  • All units have in-suite laundry (stacked & vented) and PTAC heating/cooling systems
  • 100% tenanted offering stable cash flow
  • Each tenant pays their own hydro, heat, internet and cable
  • Potential for reduced property transfer tax based on individual unit acquisition
  • Average rent: $1,625 ($2.29 psf)
  • Stabilized Net Operating Income: $260,850 (4.14% cap rate)

Contacts

broker

Chris Wieser

Avison Young - CA - BC - Vancouver

(604) 647-5089

Location

Getting Around

  • Walk Score ®

    30/100 Car-Dependent

  • Transit Score ®

    44/100 Some Transit

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Kamloops, BC
  • Neighborhood North Shore
  • Postal Code V2B 2

Points of Interest

  • Kamloops North

    0.98 miles

  • Kamloops

    2.42 miles

  • Chevron

    0.13 miles

  • Esso

    0.15 miles

  • Safeway Fuel Station

    0.49 miles

  • Petro-Canada

    0.63 miles

  • Esso

    1.19 miles

  • Petro-Canada

    1.41 miles

  • Esso

    1.47 miles

  • Esso

    1.54 miles

  • Esso

    2.62 miles

  • Mobil

    2.75 miles

  • Denny's Parking

    0.51 miles

  • VIA Rail parking

    0.99 miles

  • Boat Trailers

    1.08 miles

  • Dirt Parking

    1.14 miles

  • Coliseum North

    2.26 miles

  • Coliseum Upper North

    2.31 miles

  • Coliseum East

    2.36 miles

  • Viewpoint

    2.37 miles

  • CPR

    2.41 miles

  • Private

    2.44 miles

  • Kamloops guesthouse

    0.08 miles

  • Holiday Inn

    0.74 miles

  • Fortune Motel

    0.83 miles

  • Grandview Motel

    2.34 miles

  • Sandman Signature Kamloops Hotel

    2.34 miles

  • Hospitality Inn

    2.35 miles

  • Panorama Inn & Suites

    2.38 miles

  • Ramada Kamloops

    2.43 miles

  • Columbia Motor Inn

    2.44 miles

  • Best Western

    2.46 miles

  • Oriental Express

    0.09 miles

  • Dairy Queen

    0.20 miles

  • Gyldis Pizza

    0.51 miles

  • Pizza Hut

    0.52 miles

  • Denny's

    0.52 miles

  • A&W

    0.52 miles

  • Lee's Famous Recipe Chicken

    0.53 miles

  • San Maru Sushi

    0.54 miles

  • Wendy's

    0.56 miles

  • Domino's

    0.57 miles

  • A.E. Perry Elementary

    0.67 miles

  • Westmount Elementary

    0.79 miles

  • Our Lady of Perpetual Help

    0.86 miles

  • Arthur Hatton Elementary

    0.95 miles

  • Twin Rivers Education Centre (George Hillard)

    1.14 miles

  • John Tod Centre

    1.23 miles

  • Thompson Rivers University

    2.42 miles

  • Beattie School of the Arts

    2.58 miles

  • Collines d'Or

    2.70 miles

  • Academy of Learning

    2.73 miles

  • Kamloops Child Development Centre

    1.16 miles

  • Children's Circle Childcare Centre

    2.49 miles

  • St Paul’s Early Learning Centre

    2.76 miles

  • Children’s Circle Childcare Centre

    2.81 miles

  • Sixth Avenue Montessori

    2.82 miles

  • Kids & Company

    3.77 miles

  • Creative Beginnings

    3.87 miles

  • Children's Place Childcare Centre

    3.89 miles

  • Kamloops Montessori Preschool

    4.44 miles

  • Juniper Early Learning Centre

    5.37 miles

Frequently Asked Questions

What is the lease rate for York Avenue Apartments?

Rental asking rate at York Avenue Apartments is $3,147,500.00/YR.

What is the total square footage of York Avenue Apartments?

York Avenue Apartments totals 14,192 square feet.

When was this property built?

York Avenue Apartments was built in 2021.

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Contact Listing Broker

broker

Chris Wieser

Avison Young - CA - BC - Vancouver

(604) 647-5089