Capitol Manor
1028 Government Street

SOLD

The Offering

Cushman & Wakefield ULC is pleased to announce the successful sale of Capitol Manor Apartments, located at 1028 Government Street in the South Okanagan’s central employment and commerce hub, of Penticton, BC.

This 26-unit apartment building gives investors the opportunity to invest into one of the hottest real estate markets in BC.  Centrally located and close to the hospital, parks, schools, retail services, and easy access to the highway makes this a great location for potential tenants.  Penticton is seeing year-over-year rent increases making this investment asset an exceptional value-add property with considerable runway to grow the rental income.

Investment Highlights

• Centrally located. minutes away from Penticton Regional Hospital, Penticton College, Penticton Highschool and the Okanagan Lake Beach
• Below market rents with value-add potential in one of the fastest growing rental markets in BC
• Preferable suite mix of larger than average unit sizes

For more information on Capitol Manor, please complete a confidentiality agreement form to access the data room or contact the exclusive property advisor.