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7807 Gravenstein dr
Osoyoos, BC V0H 1V7

$1,945,793 USD

Apartments For Sale  •  13,745 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,745 SF
  • Lot Size 0.45 AC
  • Building Class C
  • Year Built 1965
  • Zoning RM1
30 Transit Score
60 Walk Score

Highlights

Excellent suite mix (9 one-bedroom & 6 two-bedroom suites)
Rental revenue is 28% below market offering significant rental upside
Over $300,000 in recent capital improvements position the property as a stabilized asset with limited near-term capital expenditure requirements.
Revenue generating laundry room with 2 washers & 2 dryers
The property benefits from true supply constraints, as Osoyoos has limited rental stock, minimal new development.
Strong and diversified rental demand is driven by service workers, healthcare employees, tourism and accommodation staff, seniors

Property Flyers

Bijan Lalji 778-739-0165 Avison Young
Bijan Lalji 778-739-0165 Avison Young