• 233 Sherwood Drive, Kamloops, BC

14,500 ft²
Multifamily
$5,200,000
Sale


Nathan Legg
Nathan Legg
CDNGLOBAL Alberta

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The Space
Asking Price$5,200,000
Available Space14,500 ft²
ZoningRM3 ? Multi Family 3 ? Medium Density
Year Built1965
Construction StatusExisting
SourceCDNGLOBAL

The Building - Parkview Gardens

CDNGLOBAL is pleased to present Parkview Gardens ? a rare investment opportunity located on the North Shore of Kamloops. This well-maintained, 26-unit building, offers a superior unit mix of 15 one-bedrooms, 7 two-bedrooms, and 4 three-bedrooms, with free parking and convenient access to major retail areas, including the North Hills Shopping Centre, schools, and the North Shore Bus Exchange. Additionally, due to Parkview Garden?s proximity to the Bus Exchange, the 30,000+ sq.ft. of land falls within the 200 ? 400m ring of the Transit Oriented Area (TOA) Policy, allowing for redevelopment of a low-rise, 6-storey apartment building at a Floor Space Ratio (FSR) of 2.50. The property is professionally managed, which enables regular upkeep and renovations during tenant turnover. Along with the redevelopment potential, Parkview Gardens offers a compelling opportunity for savvy investors looking to capitalize on Kamloop?s growth.

Property TypeMultifamily
Building Size14,500 ft²
Lot Size38,912 ft²
ZoningRM3 ? Multi Family 3 ? Medium Density
Year Built1965
Construction StatusExisting
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Nathan Legg
Nathan Legg
CDNGLOBAL Alberta
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