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14810 Pelmewash Parkway, Lake Country

Property Description

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:43014)

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Full Address:
14810 Pelmewash Parkway, Lake Country, British Columbia
Price:
$ 2,350,000
MLS Number:
10306429
List Date:
March 12th, 2024
Neighbourhood:
Lake Country East / Oyama
Lot Size:
2.62 ac
Year Built:
1950

Property Details

Heating:
Baseboard heaters, Electric, See remarks, Other

Interior Features

Sewer:
Septic tank
Water:
Municipal water
Roof:
Asphalt shingle, Steel, Unknown, Unknown
Zoning:
Unknown
Exterior:
Concrete, Stone, Wood siding, Other
Ownership Type:
Freehold

Building Features

Floors

Lot Size:
2.62 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: David ManuelOffice: FaithWilson Christies International Real Estate

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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 […]
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14810 Pelmewash Parkway, Lake Country

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