14810 Pelmewash Parkway Lake Country, British Columbia V4V 2G6
$2,350,000
8.03% CAP RATE!!!! Tremendous investment opportunity! Own your own lakeside RV park, enjoy a great monthly income and a lifestyle that's second to none. Located on the west shore of Wood Lake, the Sage Valley Campground & RV Park offers more than 2 acres of semi-lakeshore property, a long-established business model and loads of potential revenue streams. Conveniently located along the Okanagan Rail Trail and directly across the street from the lake - walk, ride, swim, paddle & boat steps from this amazing property! C-9 Tourist Commercial Zoning permits a convenience store, boat/bicycle/paddleboard rentals, restaurant and more! The zoning would even facilitate the construction of a motel or hotel if you wanted to repurpose the property. This is a unique opportunity to own a rare and special property that shows good ROI and future development potential. Please contact the listing agent for a complete info package - signed NDA required. (id:45850)
Property Details
| MLS® Number | 10306429 |
| Property Type | Other |
| Neigbourhood | Lake Country East / Oyama |
| Community Name | Sage Valley Resort & RV Park |
| AmenitiesNearBy | Recreation, Schools |
| Features | Irregular Lot Size |
Building
| ConstructedDate | 1950 |
| ExteriorFinish | Concrete, Other, Stone, Wood Siding |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Other, See Remarks |
| RoofMaterial | Asphalt Shingle,steel,unknown |
| RoofStyle | Unknown,unknown,unknown |
| Type | Other |
| UtilityWater | Municipal Water |
Land
| AccessType | Easy Access |
| Acreage | Yes |
| LandAmenities | Recreation, Schools |
| Sewer | Septic Tank |
| SizeIrregular | 2.62 |
| SizeTotal | 2.62 Ac|1 - 5 Acres |
| SizeTotalText | 2.62 Ac|1 - 5 Acres |
| ZoningType | Unknown |
Utilities
| Telephone | Available |
Interested?
Contact us for more information
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August 27 2024 07:29:36
Okanagan-Mainline Real Estate Board
Faithwilson Christies International Real Estate