Acreage
$5,245,000
Outstanding investment opportunity in one of Kelownaās most desirable rural settings! This 46.91-acre property consists of two contiguous parcels combining a productive cherry orchard and the well-established Peace Valley Mobile Home Park, all located within the ALR. The lower portion features the Peace Valley Mobile Home Park, offering 35 rental pads with potential to increase rents to current market levels of $575ā$600/monthāequating to over $21,000 per month of consistent income. Added revenue potential from nine nightly RV pads and an on-site storage facility serving park residents. potential of $2,400/month, or perfect for an owner/operator residence. The elevated upper property provides breathtaking panoramic views of Gallagherās Canyon, Black Mountain, and Mission Creekāand includes a prime building site for your dream home. With multiple income streams, strong agricultural potential, and exceptional location in South East Kelowna, this property is truly a one-of-a-kind investment opportunity. It is priced to sell. The upper portion, located atop Bemrose and Senger Roads, cherry orchardāa viable, income-generating operation with excellent future yield potential as the trees approach full production. Thereās also opportunity for a lease or trade arrangement, with flexible closing options after cherry crop season (subject to deposit). Also included is a renovated two-bedroom home with a separate workshop, offering rental (id:60626)
Business
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Business Type
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Agriculture, Forestry, Fishing and Hunting |
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Business Sub Type
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Agriculture |
Property Details
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MLS® Number
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10331860 |
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Property Type
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Other |
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Neigbourhood
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South East Kelowna |
Building
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Type
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Other |
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Utility Water
|
Well |
Land
|
Acreage
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Yes |
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Sewer
|
Septic Tank |
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Size Irregular
|
46.91 |
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Size Total
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46.91 Ac|10 - 50 Acres |
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Size Total Text
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46.91 Ac|10 - 50 Acres |
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Zoning Type
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Unknown |