1100 Ord Road, Kamloops, British Columbia, V2B 7V3

$12,800,000

MLS® # 10365421

Investment For Sale In Kamloops, British Columbia

$12,800,000

Property Information:

This is an opportunity to acquire a multifamily development site at 1100 Ord Road, Kamloops BC (“The Property”). The Property is made up of a 4.47 acre residential development site in the North Kamloops neighbourhood, specifically at the epicentre between Batchelor Heights, Brocklehurst and Westsyde neighbourhoods. On the Property there is a concrete block warehouse w/ 2 storey office, built circa 2004, featuring approximately 6360sqft and 5 bay doors (currently rented for holding income). There is an approved Development Permit with plans for 344 dwelling units, representing GFA of 233,734sqft over 3 buildings. This opportunity presents a developer the ability to acquire a development site that could be split into phases, or built all at once. The site is ideal for purpose built rentals, in a highly desirable market with limited supply. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Fire Protection: Security, Security system
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 2004
  • Sewer: Municipal sewage system
  • Parking Type: See Remarks, Attached garage, RV
  • No. of Parking Spaces: 5

Courtesy of: Brendan Shaw Real Estate Ltd.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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