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1809 33 Street

1809 33 Street

Overview

Macdonald Commercial and Re/Max Kelowna are proud to present an opportunity to acquire a 12-suite apartment building located close to Vernon Jubilee Hospital and Downtown Vernon. While some units have been renovated, upside in rental income still remains.

Building Highlights

Built in 1953, this wood-frame apartment complex comprises two buildings offering twelve residential rental units. The suite mix is eight 1-bedroom suites and four 2-bedroom suites. The buildings also features a newer roof. Each unit is accessed from the exterior of the building, meaning less common area for the landlord to maintain. A driveway runs through the property between the two buildings and offers parking for the tenants. The property features a newer gabled asphalt roof. Rental units are individually metered for electricity and feature baseboard heaters.

This is an excellent opportunity for first-time multifamily investors or investors looking to add to their multifamily portfolio.

Location Description

The subject property is located on the corner of 33 Street and 19th Avenue. Vernon Jubilee Hospital is a 5-minute walk, and it is only a 10–15-minute walk to Downtown Vernon.

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Our Team

Dan Schulz*

Senior Vice President

Chris Winckers

Senior Associate

*Personal Real Estate Corporation