Description

Affordable Investment Opportunity! This solid 8 unit apartment building is located in the heart of Penticton. This property has been owned long term by the same family for many decades. This 8 unit building consists of 6 one bedroom units and 2 two bedroom apartments. Long term tenant base provides stable income with little or no vacancy in the last 5 years. With projected low vacancies and upward pressure on rental rates for the foreseeable future, there is plenty of upside for investment return. This building is centrally located in Penticton???s downtown core, this popular location is close to schools, shopping and only a few blocks from the beach! This is your opportunity to have a solid investment in one of the Okanagan???s prime locations. Call today for more information.