$1,000,000

Investment For Sale In Valemount, British Columbia

$1,000,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Amenities: Street Lighting
  • Floor Space: 4862 sqft

Property Features:

  • Property Type: Multi-family
  • Built in: 1964
  • Floor Space (approx): 4862 Square Feet
  • Road Type: Paved road
  • Parking Type: Visitor parking

Courtesy of: Royal LePage Aspire Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.