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1300 2ND AVENUE, Valemount

MLS® #C8071759
About this Property

Rare waterfront investment opportunity in the heart of the Rockies-Valemount BC! Cap rate of 10.21% is based on the four-year (2021–2024) average adjusted NOI. This 1-acre waterfront property sits directly on the bank of Swift Creek, where the Chinook salmon return to spawn each year. The property features 13 short term accommodation units: 7 double units and 6 single units. Recent upgrades include: new roof, all new siding and windows, fresh flooring in many units, low maintenance landscaping for standout curb appeal. Valemount is quickly becoming a premier year-round tourist destination. Just 25 minutes from Mount Robson, the area attracts thousands of visitors annually for hiking, mountain biking and sledding. With tourism growing year over year, now is the perfect time to invest in this thriving market. Seize this one-of-a-kind opportunity and do not miss your chance to own this unique waterfront investment property! (id:62865)

Property Information

Status

Active

Year Built

1964

Tax Year

2024

Data Source

BC Northern Real Estate Board

Interior Details

Living Area

4862 square feet

Exterior & Lot

Lot Size

1.04 acres

$1,000,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
4862sqft
Listing Courtesy of

Office

Royal LePage Downtown Realty

Mortgage Calculator
$200,000

Loan Amount:

$800,000

Estimated Monthly Payment:

$3,899

This is an estimate for informational purposes only. Consult with a financial advisor.