Hilltop Manor
4001 34A Street, Vernon, BC

Hilltop Manor

4001 34A Street, Vernon, BC


Property Description

HM Commercial Group is pleased to present this valuable opportunity for a fully rented 60 unit apartment building in Vernon.

Numerous benefits:

  • Beautifully restored and updated (more than $950,000 in upgrades in past 4 years)
  • Average gross rent is only $1.31/SF per month (huge upside potential) 
  • Opportunity to convert some common areas into rentable space
  • Covered and secured parking garage provides added value for tenants & owner
  • Surplus land to build additional rental units 
  • On-site Building Manager
  • Title held by bare trustee company
  • Elevator serviced 
  • On-site laundry
  • 25 cameras for added security


Additional Information

Municipal Address4001 34A Street, Vernon, BC
Legal DescriptionLot A Plan KAP28535 Section 3 Township 8 Land District 41 Except Plan M14466 ODYD
PID004-529-642
LocationHilltop Manor is situated in the heart of Vernon in a quiet residential area in close proximity to Kal Tire Place, shopping at Vernon Square, and walking distance to both elementary and secondary schools.
Building Area60 units
Land Area1.75 Acres / 76,230 SF
ParkingCovered and secured parking garage provides added value for tenants & owner.
ZoningRH1, Low Rise Apartment Residential
Taxes$36,228.98 (2019)

Property Map


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E. & O. Insurance The information contained herein is assumed to be correct but is not guaranteed by the Listing Agent or Publisher and should be verified.

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Direct: 250.712.3130
Fax: 250.860.1600
info@hmcommercial.com

2700 Richter St. Kelowna, BC V1Y 2R5