Outstanding investment opportunity in one of Kelowna’s most desirable rural settings! This 46.91-acre property consists of two contiguous parcels combining a productive cherry orchard and the well-established Peace Valley Mobile Home Park, all located within the ALR. The lower portion features the Peace Valley Mobile Home Park, offering 35 rental pads with potential to increase rents to current market levels of $575–$600/month—equating to over $21,000 per month of …consistent income. Added revenue potential from nine nightly RV pads and an on-site storage facility serving park residents. potential of $2,400/month, or perfect for an owner/operator residence. The elevated upper property provides breathtaking panoramic views of Gallagher’s Canyon, Black Mountain, and Mission Creek—and includes a prime building site for your dream home. With multiple income streams, strong agricultural potential, and exceptional location in South East Kelowna, this property is truly a one-of-a-kind investment opportunity. It is priced to sell. The upper portion, cherry orchard There’s also opportunity for a lease or trade arrangement, with flexible closing options after cherry crop season (subject to deposit). (id:14735)
Listed by CIR Realty.