Royal Residences | 315 St St Paul
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Royal Residences 315 St St Paul
45 Unit Apartment Building $12,875,052 USD ($286,112 USD/Unit) 4.56% Cap Rate Kamloops, BC V2C 2J5
Investment Highlights
- Located within walking distance to Lansdowne Mall
- Central Business District zoning allows for a variety of uses
- Professionally owned & managed
- Close proximity to a variety of retail & dining amenities
- High exposure multifamily property with ground floor retail
Executive Summary
FOR SALE | Royal Residences
45 Residential Strata Lots - 100% Rented
Opportunity to purchase 45 residential strata units of a six-storey building with parkade at the southeast corner of St. Paul St and 3rd Ave in Downtown Kamloops within walking distance to Lansdowne Mall, restaurants, banks, and pubs. Remarkable data room available with CA executed.
45 Residential Strata Lots - 100% Rented
Opportunity to purchase 45 residential strata units of a six-storey building with parkade at the southeast corner of St. Paul St and 3rd Ave in Downtown Kamloops within walking distance to Lansdowne Mall, restaurants, banks, and pubs. Remarkable data room available with CA executed.
Property Facts
| Price | $12,875,052 USD | Building Class | B |
| Price Per Unit | $286,112 USD | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 60,000 SF |
| Cap Rate | 4.56% | Average Occupancy | 100% |
| No. Units | 45 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 2019 |
| Property Subtype | Apartment | Parking Ratio | 1.03/1,000 SF |
| Apartment Style | Mid Rise |
| Price | $12,875,052 USD |
| Price Per Unit | $286,112 USD |
| Sale Type | Investment |
| Cap Rate | 4.56% |
| No. Units | 45 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.28 AC |
| Building Size | 60,000 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built | 2019 |
| Parking Ratio | 1.03/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | - |
| 2+1 | 25 | - | - |
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Walk Score ®
Walker's Paradise (93)
zoning
| Zoning Code | CBD (Central Business District) |
| CBD (Central Business District) |
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Royal Residences | 315 St St Paul
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