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Alexandra Apartments

$ 6,200,000

888 Fairview Road,

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Property Id : 28593
Price: $ 6,200,000
Property Lot Size: 0.78 ac
Year Built: 1976
Units: 46
PID: 009-511-911
Assessed Value: $4,014,000 (2017)
Zoning: RM-3
Cap Rate: 5.2

About this property

Alexandra Apartments presents an opportunity to acquire a multifamily asset of scale that has been professionally maintained and managed, located in the growing city of Penticton. With the current low vacancy environment, rising rents, and strong local economy, this asset provides an investor with significant and proven rental revenue, with upside in both the short and long terms.

Amenities and Features

Underground Parking
Central Location
Shared Laundry
Patio or Balconies
Storage Lockers
Entry System


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