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978 Lundell Road
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978 Lundell Road

Revelstoke, British Columbia V0E2S0

$925,000

MLS® 10401498

1971

Year Built

Other

Type

2 acres

Lot Size

Description

Village Mobile Home Park is a great multifamily investment with 15 units (13 occupied by owner discretion), situated on a level, 2 acre parcel with city water and septic system. Ideally set up for both a lifestyle or absentee owner, this modular home community has seen significant recent capital upgrades to its complete water and 50% of its septic systems. Family owned investment for two generations. Recent capital investment: Tree care $5,565 (2023) water lines $69,900 (2023); septic replacement $40,000 (2024); water shut offs $15,800 (2024); full inspections completed on all systems. Recent RTB decision for additional rent increase to amortize capital upgrades. Invoice and permits provided; buyer to verify. Full package available upon request. (id:65701)

Property Details

Ownership Freehold
Annual Taxes $4,555.73
Lot Features Level lot
Water Municipal water
Sewer Septic tank
Structure Other

Listed by

Royal LePage Westside Klein Group

Interior REALTORS®

Interested in this property?

Contact Kara Call 604.328.8000
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