About This Property
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:64973)
At $6.2 million for 6.25 acres, the price per square foot of this West Kelowna property is extremely competitive compared to the surrounding market. This property is ideally suited for investors seeking a turnkey mobile home park with significant upside potential through the addition of more rental pads on the vacant land.
Property Details
Location
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Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
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