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Carlton Manor

  • $1,950,000

Salient Details

  • Units 10
  • Suite Mix 4-1 Bedroom, 6-2 Bedroom
  • Lot Size 10,890 sf
  • Year Built 1967
  • Net Income $102,230
  • Cap Rate $102,230

Carlton Manor

An exceptionally well-maintained 10-suite apartment building in Penticton.
782 Winnipeg Street - Brochure
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McEvay Blair Multifamily Group - Carlton Manor - 9 DSC1247 HDR 2

Investment Highlights

Exceptionally Well Maintained
Exceptionally well maintained 10 suite apartment building with numerous recent capital expenditures including: roof (2016), exterior paint (2015), hot water tank (2017), boiler (2022), renovations to six suites (2020- 2023), balconies (2023).
Central Penticton Location
Central Penticton location within walking distance to all amenities including shops and services along Penticton’s vibrant Main Street Downtown corridor.
Suite Renovations
Suites are in excellent condition and feature updated cabinetry, hardwood floors, and air conditioning units. Tenants each have access to one full-size storage locker in the secured basement storage room. Four of the suites feature balconies.
Terrific Upside
Penticton’s low vacancy environment coupled with a high demand for rental suites in the city lends terrific opportunity for further increases in revenue upon suite turnover.
Well Landscaped
There are 10 parking stalls at the rear of the building (4 covered, 6 uncovered) for tenant use. Underground irrigation is installed and the property is well landscaped and manicured.
Individually Metered
Building features a gas-fired boiler for heat and a separate hot water tank for domestic hot water. Suites are individually metered for hydro.

Gallery

Contact us

Patrick McEvay

Managing Director

Personal Real Estate Corporation

(604) 789 0720

Patrick.McEvay@marcusmillichap.com

Email Patrick

James Blair

Managing Director

Personal Real Estate Corporation

(604) 790 7089

James.Blair@marcusmillichap.com

Email James

Adam Herman

Director

Personal Real Estate Corporation

(604) 652 3016

Adam.Herman@marcusmillichap.com

Email Adam

Suvarna Sunil

Associate Director

(778) 772 5133
Sunil.Suvarna@marcusmillichap.com

Email Sunil

Patrick Ferrie

Associate

(250) 793 3498
Patrick.ferrie@marcusmillichap.com
Email Patrick