4544 Lanes Rd, Cowichan Bay
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 (id:62865)
Status
Active
Property Type
Multi-Family
Ownership
Freehold
Annual Tax
$15,698
Zoning
Unknown
Parcel Number
001-340-000
Data Source
Vancouver Island Real Estate Board
Lot Size
5.22 acres
Waterfront
Waterfront on ocean
Lot Features
$3,800,000
Office
Royal LePage Duncan Realty
Loan Amount:
$3,040,000
Estimated Monthly Payment:
$14,814
This is an estimate for informational purposes only. Consult with a financial advisor.
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