8.03% CAP RATE!!!! Tremendous investment opportunity! Own your own lakeside RV park, enjoy a great monthly income and a lifestyle that's second to none. Located on the west shore of Wood Lake, the Sage Valley Campground & RV Park offers more than 2 acres of semi-lakeshore property, a long-established business model and loads of potential revenue streams. Conveniently located along the Okanagan Rail Trail and directly across the street from the lake - walk, ride, swim, paddle & boat steps from this amazing property! C-9 Tourist Commercial Zoning permits a convenience store, boat/bicycle/paddleboard rentals, restaurant and more! The zoning would even facilitate the construction of a motel or hotel if you wanted to repurpose the property. This is a unique opportunity to own a rare and special property that shows good ROI and future development potential. Please contact the listing agent for a complete info package - signed NDA required. (id:4069)
Address |
14810 Pelmewash Parkway |
List Price |
$2,350,000 |
Property Type |
Other |
Type of Dwelling |
Other |
Area |
British Columbia |
Sub-Area |
Lake Country |
Lot Size |
2.62 Sq. Ft. |
Year Built |
1950 |
MLS® Number |
10306429 |
Listing Brokerage |
FaithWilson Christies International Real Estate
|
Postal Code |
V4V2G6 |
Site Influences |
Recreation, Schools |
Features |
Irregular lot size |