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$ 1,000,000
Est. payment | /mo
4,862 SqFt
$ 1,000,000
Est. payment | /mo
4,862 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4862
Square Footage 4,862 sqft
Price per Sqft $205
MLS® Listing ID C8071759
Year Built 1964
Lot Size 1.040 Acres
Acres 1.04
Property Description
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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Virtual Tour https://1drv.ms/f/c/1c5f09ee8721dd86/Es7u9Lv0_qlGpKCoO_pbiusBHQG1Mh2PltGvLq930L2Upw?e=yBJbfe
Listed by Royal LePage Downtown Realty
Nearby Locations