
















1/181298B Kootenay Way, Kamloops, BC V2H1K2
$3.6M total
—
Asset Class
Specialty
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
87%
Lot Size
2.47 ac
Established self-storage opportunity on approximately 2.47 acres at 1298B Kootenay Way in Kamloops. Located near Highway 5 and the Halston Connector, the property combines drive-up storage units, shipping-container storage and outdoor parking for RVs, boats, trailers and other vehicles. Multiple storage formats accommodate a range of customer needs, while an existing billboard licence agreement provides an additional revenue source. Storage buildings feature individual roll-up doors and convenient ground-level access throughout the gravelled site. Situated on Tk’emlúps te Secwépemc lands, the property is held through registered head-lease and sublease interests extending to February 2096, with approximately 69 years remaining. The head lease provides for prepaid rent for its term, with property taxes and other obligations separate. An opportunity to acquire an operating storage business with long-term leasehold tenure in an accessible commercial location. Financial information and supporting documentation are available to qualified purchasers upon signing a confidentiality agreement. All inquiries and viewings must be arranged through the listing representatives. Please do not approach staff or occupants. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$17K
Projected NOI
$215K
Annual cash flow
$15K
Cash-on-cash
1.43%
DSCR
1.08
Going-in cap
5.97%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
63,692
Households
24,151
Median income
$126,000
Median age
37.8
Daytime population
67,282
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1298B Kootenay Way, Kamloops.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.