4544 Lanes Rd Cowichan Bay, British Columbia V0R 1N2
$4,300,000
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:46227)
Business
| Business Type | Accommodation, Residential |
| Business Sub Type | Mobile home park |
| Name | Edgewater Terrace Mobile Home Park |
Property Details
| MLS® Number | 962242 |
| Property Type | Multi-family |
| Neigbourhood | Cowichan Bay |
| Features | Sloping, Other, Rectangular |
Building
| Type | Multi-family |
Land
| Access Type | Road Access |
| Acreage | Yes |
| Size Irregular | 5.22 |
| Size Total | 5.22 Ac |
| Size Total Text | 5.22 Ac |
| Zoning Description | Mp1 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/26893280/4544-lanes-rd-cowichan-bay-cowichan-bay
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May 14 2024 07:42:05
Vancouver Island Real Estate Board
Royal LePage Duncan Realty