6062 Ranchero DriveSalmon ArmBritish ColumbiaV1E4M3

Perfect starter park investment. Amazing Shuswap location, 7km to downtown Salmon Arm. 2 minutes to Salmon Arms championship golf course, Larch Hills Cross country ski hill and the winery. Well run and maintained seven units on just over an acre. Always full with long term owner occupied tenants for a steady cash flow increasing every year. Low expenses and maintenance with no manager required for an absentee owner. Upside with much lower rents than surrounding parks which can increase with attrition. (id:35966)

Listing Details

Property Details

Full Address:
6062 Ranchero Drive, Salmon Arm, British Columbia
Price:
$ 499,000
MLS Number:
10311111
List Date:
April 25th, 2024
Neighbourhood:
SE Salmon Arm
Lot Size:
1.07 ac
Year Built:
1973
Taxes:
$ 1,450

Interior Features

Heating:
No heat

Building Features

Storeys:
1
Sewer:
Septic tank
Water:
Well
Zoning:
Multi-Family
Ownership Type:
Freehold
Taxes:
$ 1,450

Floors

Land

Lot Size:
1.07 ac

Neighbourhood Features

Ratings

Commercial Info

Location

Neighbourhood Details