1. Home
  2. Multifamily
  3. Willow Court
3 More
1024
1170 1170
1170 1170 1170
Sold

Willow Court

  • $3,000,000

Salient Details

  • Units 18
  • Lot Size 21,911 sf
  • Year Built 1991
  • Net Income $128,397
  • Cap Rate 4.28%
  • Price/Unit $166,667

Willow Court

18-Unit Penticton Apartment Building Acquired at an Attractive Basis in a High-Demand Okanagan Market.
790 Winnipeg Street - Email - Sold
Download the Brochure
McEvay Blair Multifamily Group - Willow Court - 224966943 273ecbac 7d14 4505 b900 c2aafb6e0aff

Investment Highlights

Per-Unit Entry Price
Acquired at just $166,667 per unit, 790 Winnipeg Street offers investors an attractive entry point into the growing Penticton multifamily market, providing long-term upside potential at a relatively low basis.
Stable Income-Producing Asset
The 18-unit apartment building generates a strong net operating income of $128,397, delivering immediate cash flow with a 4.28% cap rate and dependable rental income.
Central Penticton Location
Situated in a desirable central Penticton location, the property benefits from convenient access to employment, shopping, transit, and amenities, supporting continued tenant demand and occupancy stability.

Gallery

Contact us

Suvarna Sunil

Associate Director

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

Email Sunil

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

Patrick Ferrie

Associate

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