1375 Green Bay Road, West Kelowna, British Columbia V4T2B8

Property Description

Green Bay Mobile Home Park is a one of a kind investment opportunity with canal / boat access to Okanagan Lake! Exceptional location in WestKelowna. 6.25 acres in one of the hottest developing areas in BC. Green Bay Mobile Home Park offers waterfront living and currently consists of 38 mobile home pads with potential to add up to 12 more pads. Current gross income has significant upside when adding 8 to 12 additional rental pads on vacant portion of land to the existing rent roll. Connected to city sewer and water. Exceptional future development potential as OCP designates as future residential development. Subdivide into 30+ single family residential lots with canal access to lake (or possibly duplex, or multifamily) with excellent holding income in the meantime. Do not wait on this one! Excellent income property with exceptional development potential. (id:5764)