233 Sherwood Drive

CDNGLOBAL is pleased to present Parkview Gardens – a rare investment opportunity located on the North Shore of Kamloops. This well-maintained, 26-unit building, offers a superior unit mix of 15 one-bedrooms, 7 two-bedrooms, and 4 three-bedrooms, with free parking and convenient access to major retail areas, including the North Hills Shopping Centre, schools, and the North Shore Bus Exchange.
Additionally, due to Parkview Garden’s proximity to the Bus Exchange, the 30,000+ sq.ft. of land falls within the 200 – 400m ring of the Transit Oriented Area (TOA) Policy, allowing for redevelopment of a low-rise, 6-storey apartment building at a Floor Space Ratio (FSR) of 2.50.
The property is professionally managed, which enables regular upkeep and renovations during tenant turnover. Along with the redevelopment potential, Parkview Gardens offers a compelling opportunity for savvy investors looking to capitalize on Kamloop’s growth.

Our brokers

Nathan Legg

Nathan Legg

Senior Associate | National Investment Sales

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Sale Price

$5,200,000.00

Net Operating Income (NOI)

Contact Broker for Pricing

Construction Status

Existing

Availability

Immediately

Building Size

14,500 sq ft

Lot Size (SF)

38,912 sq ft

Zoning

RM3 – Multi Family 3 – Medium Density

Year Built

1965