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Royal Lepage Royal Lepage Kelowna Commercial -  Rob A. Archibald

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$2,500,000
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Build ready for 73 units, apartment style rental housing with concierge-type seniors care service add on available to residents as needed. Excellent opportunity and CAP rates with the strong rental market, demographic of aging local population and high exposure for quality lifestyle in the Central Okanagan of British Columbia, to widespread global interest. Detailed feasability studies forecast the target demographic will increase by 37%+ in the coming 10 years alone.
Special Features
  • 73 spacious units in a range of 1-bed, 1-bed + den & 2-bed options, with viewpoints and beautiful, open layouts.
  • Designed to integrate nature indoors and out, with lots of natural light and ease of access.
  • Future care needs in mind, should any medical upgrades be required - units are medical-care-ready to easily include additional services or equipment that could be needed.
  • All units have in-suite laundry and a full, beautiful kitchen.
  • Common amenity areas encourage connection with neighbours and friends or, if you prefer privacy, there are many view points and quiet contemplative areas.
Property TypeCommercial