Wallinger Apartments
Kimberley, British Columbia
Building
Stats
- Property Type Multifamily - Mid-Rise, Hospitality - Resort
- Year built 1980
- Building size (SF) 25,819
- Size (Ac) 0.41
- Price $4,900,000 CAD
- Zoning C1 - Commercial
Overview
Avison Young is pleased to market for sale Wallinger Apartments located on the corner of Ross Street and Wallinger Avenue at 310 Wallinger Avenue, Kimberley, BC (the “Property”). The Property has been extensively renovated and upgraded since 2020 and features twenty (20) rental apartment units and 6,100 sf of commercial space (3 units). Kimberley is recognized as one of the fourteen (14) resort municipalities in BC allowing for nightly, short- and long-term rentals providing flexible operational opportunities for an investor. The Property is a 19-minute drive from the Canadian Rockies International Airport and a short 4-minute drive to the base of the Kimberley Alpine Resort.
Highlights
Kimberley is recognized as one of BC's resort municipalities allowing for nightly, short- and long-term rentals (AirBnB, VRBO and more)
Kimberley is a year round recreational haven (skiing, snowboarding, golfing, kayaking, biking, hiking and more)
Potential to reactivate hotel & liquor licenses
Twenty (20) extensively renovated apartment units featuring in-suite laundry
6,100 sf of commercial space (3 units)
All hydro including heating is paid by the tenants and individually metered
Roof is well-maintained and ~10 years old (2-ply flat torch-on roof)
Brand new windows, siding, exterior paint, plumbing, electrical, insulation and fire system
Modernized low-maintenance elevator (serviced by Kone)
