IDX / Reciprocity
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 962242
- Photos (6)
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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, a
six unit apartment building and an older house. All units currently rented with and 2024 EGI of
approximately 237,000. The property slopes toward the water so most units have ocean views. The location
is rural enough to make it peaceful but within a short drive to amenities. There is ample opportunity to
increase 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 Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Business
- Lease Type:
- Sale of Assets, Sale Of Shares
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Du Cowichan Bay, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 5.22 acre(s)
- Taxes:
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- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- Cistern, Well: Drilled
- Sewer:
- Septic System
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
- Signup
- Gross Income:
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- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Lot Site Features:
- Adult-Oriented Neighbourhood, Rectangular Lot, Sloped
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Business Name:
- Edgewater Terrace Mobile Home Park
- Business Type:
- Accommodation, Mobile/Trailer Park
- Total Units:
- Signup
- Date Listed:
- May 14, 2024
- Original Price:
- 4300000.0
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Listed by Royal LePage Duncan Realty
Data was last updated June 26, 2024 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 54
- Avg list price:
- $1,436,500
- Min list price:
- $25,000
- Max list price:
- $15,000,000
- Avg days on market:
- 123
- Min days on market:
- 6
- Max days on market:
- 558
These statistics are generated based on the current listing's property type
and located in
Duncan. Average values are
derived using median calculations.
- WIN MYINT
- 460 REALTY
- 1 (250) 732-8388
- Contact by Email
- SANDY LIU
- 460 REALTY
- 1 (250) 732-8878
- Contact by Email
