About 4544 Lanes Rd
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
Features of 4544 Lanes Rd
| MLS® # | 962242 |
|---|---|
| Price | $4,300,000 |
| Acres | 5.22 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 4544 Lanes Rd |
|---|---|
| Area | Du Cowichan Bay |
| City | Cowichan Bay |
| County | Cowichan Valley Regional District |
| State | BC |
| Zip Code | V0R 1N2 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | May 14th, 2024 |
|---|---|
| Days on Market | 93 |
| Zoning | MP1 |
Listing Details
| Agent | Blair Herbert |
|---|---|
| Office | Royal LePage Duncan Realty |