4544 Lanes Rd, Cowichan Bay, BC, V0R 1N2

$3,800,000

MLS® # 1014109

Investment For Sale In Cowichan Bay, British Columbia

$3,800,000

Property Information:

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, asix unit apartment building and an older house. All units currently rented with and 2024 EGI ofapproximately 237,000. The property slopes toward the water so most units have ocean views. The locationis rural enough to make it peaceful but within a short drive to amenities. There is ample opportunity toincrease 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

Property Features:

  • Annual Tax Amount: $15,698
  • Business Type: Mobile/Trailer Park
  • Lot Features: Adult-Oriented Neighbourhood, Rectangular Lot, Sloped
  • Lot Frontage: 227383.2 Square Feet
  • Lot Size: 5.22 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Water Source: Cistern, Well: Drilled
  • Waterfront Features: Ocean Front
  • Zoning: MP1
  • Sewer:

Courtesy of: Royal LePage Duncan Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Additional Photos