Investment Overview

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Oliver Place Manor - a well-located, 22-unit apartment building in the heart of Oliver BC, one of the South Okanagan’s most established and supply-constrained rental markets. Situated on a generous half-acre corner lot on Main Street and Simikameen Avenue, the property benefits from its immediate proximity to Oliver Place Mall and other downtown amenities, while offering residents convenient access to employment nodes and world-class wineries. Purpose-built rental assets in Oliver are tightly held, with limited new rental construction relative to demand driven by population stability, downsizing demographics, and constrained housing supply. As a result, existing apartment buildings continue to experience strong tenant retention and steady rental demand, particularly for properties in central locations. Oliver Place Manor offers investors the ability to acquire a strong cash-flowing property with meaningful value-add potential through rental growth, operational efficiencies, long-term repositioning and future redevelopment potential. The asset is well-suited for long-term investors seeking durable income in a fundamentally strong secondary market.