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  • 10 Jim Ogilvie Way in Kimberley: Multi-family for sale : MLS®# 10354845

    10 Jim Ogilvie Way Kimberley V1A 3G7
    Main Photo: 10 Jim Ogilvie Way in Kimberley: Multi-family for sale : MLS®# 10354845

    10 Jim Ogilvie Way Kimberley V1A 3G7

    $14,200,000
    Multi-family
    Status:
    Active
    MLS® Num:
    10354845
    Prime Investment Opportunity – Newly Constructed 39-Unit Multi-Family Apartment Step into a turn-key investment with this brand-new, purpose-built 39-unit apartment complex, offering a modern, low-maintenance asset with immediate income and long-term upside. Designed for broad rental appeal, the unit mix includes: 12 Three-Bedroom Units 9 Two-Bedroom Units 18 One-Bedroom Units Each unit is thoughtfully designed with quality finishes, functional layouts, and modern amenities to attract and retain tenants. The property features designated parking for all units and individual storage opportunity, increasing convenience for residents. This investment features a steady gross income with a Cap Rate of 4.6%. The New Construction means low maintenance with strong depreciation benefits. This property is ideal for investors seeking stable cash flow and long-term asset appreciation. Kimberley boasts strong market fundamentals with limited Inventory thus Increasing Demand, desirable Lifestyle Migration, and growing Population. It is a market with solid rental yields, room for capital appreciation, and a quality of life draw that fuels demand. It’s an ideal time to get in ahead of further growth, especially as lifestyle-driven migration and tourism continue to surge. Compared to over-saturated markets, Kimberley offers competitive cap rates for well-positioned income properties with the demand for quality rental sites outpacing supply. (id:2493) More details
    Listed by Royal LePage Rockies West
    LISTING DETAILS
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Data was last updated September 3, 2025 at 09:45 AM (UTC)
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