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For Sale
$1,000,000
MLS® C8071759
1300 2ND AVENUE
Valemount, British Columbia, V0E2Z0
- Interior
- 4,862 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Year built
- 1964
- Lot size
- 1.04 acres
Property facts
- Interior
- 4,862 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Year built
- 1964
- Lot size
- 1.04 acres
About this property
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:53361)