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For Sale

Oliver Place Manor

  • $3,500,000

Salient Details

  • Units 22
  • Suite Mix 18-1 Bedroom, 4-2 Bedroom
  • Lot Size 21,186 sf (113’ x 190’)
  • Year Built 1976
  • Net Income $166,204
  • Cap Rate 4.75%

Oliver Place Manor

A well‑located 22‑unit apartment building situated in the downtown core of Oliver, BC, in the beautiful South Okanagan.
5895 Main Street - Brochure
Download the Brochure
McEvay Blair Multifamily Group - Oliver Place Manor - 6 DJI 20260423094602 0011 D

Investment Highlights

Upgrades
A new torch on roof installed in 2018. New AO Smith hot water tank installed in 2022. Electric heating paid for by tenants. Individual thermostats, 125- amp electric breaker panels and A/C units in each suite.
Tenant Amenities
The property offers private balconies for each unit, 22 full size storage lockers, and approximately 30 surface parking stalls.
Prime Location with Redevelopment Potential
Prime Main Street frontage in Oliver, offering walkable access to daily amenities, with future redevelopment and density upside potential, subject to zoning and municipal approvals.
Rental Upside and Value-Add Potential
Opportunity to enhance revenue through mark‑to‑market rent growth, suite turnover, and a targeted repositioning program.

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