1300 2ND AVENUE, Valemount, BC V0E2Z0
1300 2ND AVENUE, Valemount, BC V0E2Z0
1300 2ND AVENUE, Valemount, BC V0E2Z0
28
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$1,000,000
Est. payment /mo
4,862 SqFt
Active

1300 2ND AVENUE Valemount, BC V0E2Z0

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 4862

Square Footage 4,862 sqft

Price per Sqft $205

MLS® Listing ID C8071759

Year Built 1964

Lot Size 1.040 Acres

Acres 1.04

Property Description

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:24570)

Location

State BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Others

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Listed by Royal LePage Downtown Realty

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Ryan Robertson

Ryan Robertson

Agent | License ID: 191596

+1(250) 278-3600

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1300 2ND AVENUE