1375 GREEN BAY RD

Cadreb Other, BC, V4T 2B8
MLS® #: C8029325
Fraser Elliott, RE/MAX Progroup Realty

$6,800,000

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Business Type: Land

Date Listed: Wed, Nov 27, 2019

Property Tax: N/A

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1375 GREEN BAY RD

Cadreb Other, BC, V4T 2B8
RE/MAX luxury residential commercial print button
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$6,800,000

N/A sqft|Land
MLS® #: C8029325
Fraser Elliott, RE/MAX Progroup Realty

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Property Description

Rare and highly exciting investment opportunity in popular West Kelowna. Situated on a beautiful and serene 6.25 acres in one of the hottest developing areas in British Columbia. Green Bay Mobile Home Park offers waterfront living and currently consists of 39 mobile home pads with potential for 10 more, 38 existing homes (26 tenanted and 2 under renovation). Current gross income of approximately $245,000 with NOI of approximately $185,000. Lots of income upside to add up to 12 more rental units to the existing rent roll. Connected to city sewer and water. Bonus; Huge redevelopment potential to subdivide into 30+ single family residential lots with excellent holding income in the meantime. Inquire for more Information.

Details

Property Type: Commercial
Property Tax: N/A
Fees: N/A
Last Updated: Wed, November 27, 2019

Key Facts

MLS® #: C8029325
Style: Land Commercial
Ownership-Type: N/A
Year Built: N/A
sqft: N/A
Date Listed: Nov 27, 2019
Lot Size: N/A
Occupancy: N/A
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. This website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2020 Real Estate Board of Greater Vancouver. All Rights Reserved.

Data was last updated: Wednesday, November 27, 2019, 12:13:25 AM
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. This website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2020 Real Estate Board of Greater Vancouver. All Rights Reserved.

Data was last updated Wednesday, November 27, 2019 at 12:13:25 AM