6203 Willow Avenue
Summerland, British Columbia V0H1Z4

The Sunoka Apartments include 25-units in 2-separate buildings. The property features 16 studios and 9 - one bedroom apartment units. The property includes a well-kept private courtyard and parking for every unit. The property is wood-frame construction, and all units are heated and cooled via a P-Tac unit in the living area and baseboard heating in the bathrooms. The property was developed by the current owners in 2008 and have been fully leased for a majority of this timeframe with healthy market turnover which has assisted the building in achieving strong growth in rental income. This is a rare opportunity to acquire a newer apartment building well located just minutes from Downtown Summerland and walking distance to Okanagan Lake. The location of the property along with the limited amount of rental competition in Summerland make this one of the most unique investment opportunities in the area. Further detailed information, including the NOI and financials on this excellent opportunity can be acquired by signing a Confidentiality Agreement and connecting with our team. (37711222)