Business
2 Bedrooms
1 Bathroom
Size: 970 sqft
Built in 1965
$5,245,000
About this Business in South East Kelowna
Outstanding investment opportunity in one of Kelowna’s most desirable rural settings! This 46.91-acre property consists of two contiguous parcels combining a productive cherry orchard and the well-established Peace Valley Mobile Home Park, all located within the ALR. The lower portion features the Peace Valley Mobile Home Park, offering 35 rental pads with potential to increase rents to current market levels of $575–$600/month—equating to over $21,000 per month of consistent income. Added revenue potential from nine nightly RV pads and an on-site storage facility serving park residents. potential of $2,400/month, or perfect for an owner/operator residence. The elevated upper property provides breathtaking panoramic views of Gallagher’s Canyon, Black Mountain, and Mission Creek—and includes a prime building site for your dream home. With multiple income streams, strong agricultural potential, and exceptional location in South East Kelowna, this property is truly a one-of-a-kind investment opportunity. It is priced to sell. The upper portion, cherry orchard There’s also opportunity for a lease or trade arrangement, with flexible closing options after cherry crop season (subject to deposit). (id:14735)
Listed by CIR Realty.
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Team 3000 Realty Ltd. (Okanagan) for your convenience.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
More Details
- MLS®10331362
- Bedrooms2
- Bathrooms1
- TypeBusiness
- Size970 sqft
- Year Built1965
More about South East Kelowna, Kelowna
Latitude: 49.8528193
Longitude: -119.3915847
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