8.03% CAP RATE!!!! Tremendous investment opportunity! Own your own lakeside RV park, enjoy a great monthly income and a lifestyle that's second to none. Located on the west shore of Wood Lake, the Sage Valley Campground & RV Park offers more than 2 acres of semi-lakeshore property, a long-established business model and loads of potential revenue streams. Conveniently located along the Okanagan Rail Trail and directly across the street from the lake - walk, ride, swim, paddle & boat steps from this amazing property! C-9 Tourist Commercial Zoning permits a convenience store, boat/bicycle/paddleboard rentals, restaurant and more! The zoning would even facilitate the construction of a motel or hotel if you wanted to repurpose the property. This is a unique opportunity to own a rare and special property that shows good ROI and future development potential. Please contact the listing agent for a complete info package - signed NDA required. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Amenities Nearby
Recreation, Schools
Features
Irregular lot size
Listing Contract Date
2024-03-12
Municipal ID
002-923-980
Ownership Type
Freehold
Property Type
Other
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1950
Exterior Finish
Concrete, Other, Stone, Wood siding
Heating Fuel
Electric
Heating Type
Baseboard heaters, Other, See remarks
Roof Material
Asphalt shingle,Steel,Unknown
Roof Style
Unknown,Unknown,Unknown
Type
Other
Utility Water
Municipal water
Utilities
Type
Description
Telephone
Available
Land
Total Size
2.62 acres
Access Type
Easy access
Acreage
Yes
Amenities
Recreation, Schools
Sewer
Septic tank
Size of Irregular Land
2.62
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