Log In/Sign Up
Your email has been sent.
Oliver Place Manor 5895 Main St 22 Unit Apartment Building $2,458,331 USD ($111,742 USD/Unit) Oliver, BC V0H 1T0
Investment Highlights
- Recently improved with a torch-on roof in 2018 and new AO Smith hot water tank in 2022.
- Premium Main Street exposure in Oliver with walkable access to retail, services, and transit.
- All units feature private balconies, complemented by 22 storage lockers and approximately 30 surface parking stalls.
- Value-add potential through rental adjustments, suite upgrades, and repositioning program.
Executive Summary
The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Oliver Place Manor - a well-located, 22-unit apartment building in the heart of Oliver BC, one of the South Okanagan’s most established and supply-constrained rental markets.
Situated on a generous half-acre corner lot on Main Street and Simikameen Avenue, the property benefits from its immediate proximity to Oliver Place Mall and other downtown amenities, while offering residents convenient access to employment nodes and world-class wineries.
Situated on a generous half-acre corner lot on Main Street and Simikameen Avenue, the property benefits from its immediate proximity to Oliver Place Mall and other downtown amenities, while offering residents convenient access to employment nodes and world-class wineries.
Property Facts
| Price | $2,458,331 USD | Building Class | C |
| Price Per Unit | $111,742 USD | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 17,199 SF |
| No. Units | 22 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1976 |
| Property Subtype | Apartment | Parking Ratio | 1.36/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $2,458,331 USD |
| Price Per Unit | $111,742 USD |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 17,199 SF |
| No. Stories | 3 |
| Year Built | 1976 |
| Parking Ratio | 1.36/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 22 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Oliver Place Manor | 5895 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.