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

MLS® # 1033328

Investment For Sale In Cowichan Bay, British Columbia

$3,500,000

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4544 Lanes Rd, Cowichan Bay, BC - Outdoor With Body Of Water With View

4544 Lanes Rd, Cowichan Bay, BC - Outdoor With View

4544 Lanes Rd, Cowichan Bay, BC - Outdoor

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

$3,500,000

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: Accommodation, 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
Utilities: Electricity Connected
Water Source: Cistern, Well: Drilled
Waterfront Features: Ocean Front
Zoning: MP1
Sewer:

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.

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