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$1.6M total
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Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
100%
Clear height
28 ft
Loading docks
11
Now available at the Vaults, Kelowna’s luxury lifestyle storage condominiums designed for security, privacy, and versatility. This in-line unit totals approx. 2,914 SF with an open main floor of almost 2,007 SF of upscale warehouse space, with spacious 27 FT ceilings (13.5 FT under the mezzanine), two ground level loading bays, one with a 15.5’ x 13’ overhead door and the other 12' x 13' overhead door that allows easy maneuverability in and out of the unit, laundry/storage room and a stylish 3-piece washroom. Walk-up mezzanine level is an open area of approx. 907 SF, finely finished and ready to serve as your lifestyle retreat, flush wall fireplace, kitchen/bar area with built-in cabinetry, and a well-appointed 2-piece washroom. TVs, stereo system, camera system, appliances, and other integrated equipment are included in the offering. The TVs and stereo are linked through the Control4 system, and the car lifts are negotiable. Overall, a perfect place to store and work on your toys. The Vaults offer exceptional security with a concrete perimeter, enclosed units, and 24/7 owner-only access, along with fire suppression and CO detection systems. Ideally located near Kelowna Airport with quick access to Lake Country and Vernon, this is a rare opportunity to own a premier, multi-functional space blending secure storage with upscale lifestyle flexibility. (id:66811)
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Monthly debt service
$7K
Projected NOI
$103K
Annual cash flow
$15K
Cash-on-cash
3.04%
DSCR
1.16
Going-in cap
6.45%
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
47,269
Households
18,786
Median income
$136,000
Median age
40
Daytime population
73,246
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2110 Matrix Crescent Unit# 19, Kelowna.
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.