Contacts
James Blair
Marcus & Millichap
Property Details
- Property Type Multi-Family
- Units 12
- Lot Size 11,979 SF
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Year Built 1963
- Date Updated Mar 22, 2023
- Construction Type wood frame
Braid Apartments, a very well-maintained 12-suite apartment building located in Penticton, British Columbia represents a premier investment opportunity in one of BC’s tightest rental markets. The property, which is situated on a large ~12,000 square foot corner lot, has been owner-managed for years and pride of ownership is evident throughout. Suites all feature large floorplans with nicely appointed finishings, electric, tenant-paid heat, air conditioning units, breaker panels, ample storage, and newer double-glazed windows. The building features two laundry rooms for tenant use, surface parking with 7 stalls and an expansive below-grade workshop and storage area with garage door access from the lane. One large section of the roof was completely replaced in 2022. The location of the property, just minutes from the bustling downtown area of Penticton, offers residents easy access to a wide array of shopping, dining, and entertainment options
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Attachments
Getting around
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Walk Score ®
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Location
- City Penticton, BC
- Postal Code V2A 4Y4
Points of Interest
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Prairie Valley Station
9.06 miles
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FLO - Downtown Penticton Association
0.32 miles
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Chevron - On the Go Fast Charger
0.68 miles
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Shell
0.69 miles
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Chevron
0.70 miles
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FLO - Canadian Tire
0.76 miles
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Husky
0.94 miles
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Mobil
0.96 miles
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Petro-Canada
1.16 miles
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Tesla Supercharger
1.23 miles
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Super Save
1.30 miles
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City Centre Parking
0.23 miles
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Pen-Hi Parking
0.24 miles
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Penticton Library Parking
0.40 miles
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Penticton Art Gallery Parking
0.52 miles
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Penticton Lakeside Resort Parkade
0.55 miles
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Uplands Elementary School Parking
0.72 miles
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Hospital parking
1.08 miles
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Upper Parking
4.64 miles
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Lower Parking
4.68 miles
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Giant’s Head Mountain Park Parking Lot
8.03 miles
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HI Penticton
0.09 miles
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Penticton Lakeside Resort
0.60 miles
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Slumber Lodge
0.60 miles
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Fairfield by Marriott Inn & Suites Penticton
0.65 miles
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The Spanish Villa Motel
0.93 miles
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Tiki Shores Motel
0.95 miles
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Plaza Motel
0.95 miles
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Sandman Hotel
0.95 miles
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Shoreline Resort
0.97 miles
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Hotel Penticton, Ascend Hotel Collection
0.97 miles
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Penticton IGA
0.67 miles
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Canadian Tire
0.78 miles
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Safeway
0.82 miles
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Canadian Wholesale Club
1.00 miles
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Quality Greens
1.18 miles
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Whole Foods Market
1.20 miles
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Winners
1.49 miles
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Save-On-Foods
1.50 miles
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Real Canadian Superstore
1.57 miles
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Cherry Lane Shopping Centre
1.59 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
James Blair
Marcus & Millichap