1375 Green Bay Road, West Kelowna, British Columbia

1375 Green Bay Road, West Kelowna, British Columbia, V4T2B8

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 (36 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. lnquire for more Information. (id:35966)

Property Overview

West Kelowna
1375 Green Bay Road, West Kelowna, British Columbia, V4T2B8
British Columbia
10195206
$6800000

Property Specifications

6.251 ac|5 - 10 acres
18/11/2019
Multi-Family

Building Features

Steel
Freehold
Municipal water
Municipal sewage system

RE/MAX Progroup Realty

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Contact Ken McLaughlin

250.300.4592

Inquire About Listing