$3,000,000 Sale

Listed 59 days ago

282 97B Highway

MLS® 10397797 Multi Family

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · -

Est. mortgage

$11,381/mo

Key Facts

Key facts for 282 97B Highway

Property Type

Apartment

Parking

Garage: No, 0 parking

MLS #

10397797

Size

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1994

Maintenance Fee

Description

Outstanding Revenue Property located minutes from Gardom Lake! This 3.48-acre, highway commercial zoned lot comes improved with 19 separate residential suites featuring eleven (11) mobile homes, three (3) cabins, including a duplex cabin, two (2) suites above grade in the shop & two (2) pad rentals.... All units are serviced with water and septic, cablevision, natural gas, electrical, gravel driveways & landscaping. Given the location along the well-traveled highway corridor between Enderby & Salmon Arm and given the sites’ highway commercial zoning with +/- 380 ft of highway frontage & service road, a range of possible service, recreation or retail-oriented uses would be feasible, including servicing the on-going demand for RV/Cabin-based lodging. Site improvements include two (2) drilled wells, several septic systems servicing the 19 units + three (3) transformers & 400-amp service provide plenty of power & water. The property has benefitted from a regular schedule of maintenance & upgrades. Also included is an +/- 1,980 SF shop building with 16ft ceilings, mechanical room + two (2) bachelor suites above grade. Opportunities to acquire income producing assets with flexible highway commercial zoning like this rarely come to market. The property produces $221,972.52 of gross annual revenue. Surplus land may be suitable for mobile home park expansion or some other use within the permitted C-2 zoning. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Heating Type

See remarks

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Heating Type

See remarks

Full Bathrooms

Half Bathrooms

Exterior

Acreage

3.48 ac|1 - 5 acres

Parking Spaces

Garage Spaces Y/N

Acreage

3.48 ac|1 - 5 acres

Parking Spaces

Garage Spaces Y/N

Building Description

Home Type

Apartment

Subtype

Multi Family

Year Built

1994

Sewers

Septic tank

Water Supply

Well

Home Type

Apartment

Subtype

Multi Family

Year Built

1994

Sewers

Septic tank

Water Supply

Well

Community

Enderby / Grindrod

Area Code

Enderby

Community

Enderby / Grindrod

Area Code

Enderby

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Rick Latta

Email: [email protected] Cell: 250-540-8278