VERNON

Vernon is located in the Okanagan Valley in British Columbia, Canada. Vernon is a popular tourist destination because of its beautiful lakes, beaches, wineries, and outdoor recreational opportunities. Visitors can enjoy swimming, boating, and watersports on Okanagan Lake, which is surrounded by several beaches and parks. The city also has a vibrant downtown area with shops, restaurants, and several wineries offering tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking nearby, and skiing at the Silver Star Mountain Resort.

Vernon also boasts a rich cultural scene with several museums, art galleries, and a performing arts center. The city also hosts several events and festivals throughout the year and offers scenic drives and beautiful views of the lake and mountains. Vernon is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lake.

The real estate market in Vernon offers a mix of single-family homes, townhouses, and condos. Prices are relatively affordable compared to other major Canadian cities. The city also has a good mix of older and new homes; many properties feature stunning views of the surrounding mountains and Okanagan Lake. The town also boasts a good mix of amenities such as shops, restaurants, and schools. The city is also surrounded by many orchards and vineyards, giving the town a unique rural-urban balance. Outdoor enthusiasts can also enjoy hiking, biking nearby, and skiing at the Silver Star Mountain Resort.

Description

Rare multi-family site with additional land to add more units. Total of 40 townhomes fully rented with an annual NOI of 492K. Zoned RM2 and currently underutilized. $540,000 worth of capital improvements are underway with full renovation of 4 units. Offered for sale at 4.5% cap rate. Call for more information. (id:2469)

Listing Provided By

Performance Power Play Realty

Neighborhood Info

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Property Details

Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
3.1 ac|1 - 5 acres
Taxes
N/A
Type
Multi-Family
Style
N/A
Basement
Year Built
1972
Real Estate Listing
Provided by:
  • #101-3115 Skaha Lake Rd
  • Penticton, BC
  • V2A6G5