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4544 Lanes Rd Cowichan Bay, British Columbia V0R 1N2

Acreage

$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:32872)

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

Interested?

Contact us for more information


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Blair Herbert

(250) 746-6621
www.duncanrealty.ca/

Royal LePage Duncan Realty
371 Festubert St.
Duncan, British Columbia V9L 3T1

(250) 746-6621
(800) 933-3156
(250) 746-1766
www.duncanrealty.ca/

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