$3,500,000
4544 Lanes Road, Cowichan Bay V0R1N2
Detached
Listed by: Royal LePage Duncan Realty.
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Description
Here is an opportunity to acquire a very unique Waterfront revenue property on Southern Vancouver Island. This 5+ acre parcel contains a 19 unit senior’s mobile home park, large house with panoramic ocean views, a six unit apartment building and an older house. All units currently rented with and 2024 EGI of approximately 237,000. The property slopes toward the water so most units have ocean views. The location is rural enough to make it peaceful but within a short drive to amenities. There is ample opportunity to increase revenue or live on the property and enjoy the view while benefiting from substantial cash flow. Financials available to qualified buyers with signed NDA. No sign at sellers request (id:66934)
Location
Approximate location supplied by the listing data provider.
Features
Structure: Multi-Family
Annual Taxes: $15,698
Lot Size: 5.22
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Multi-family |
| Lot Size | 5 sq ft |
| Listing ID | 1033328 |
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