Attention Developers & Investors!
Don't miss this rare opportunity to own a prime multi-family future development property in the growing community of Campbell River, BC. This exceptional package includes four contiguous properties—one vacant lot, one apartment building, and two residential lots currently rented to 10 tenants, providing immediate rental income.
With a total land size of 1.1 acres, this property offers incredible development potential. A comprehensive development application could allow for a 34-unit multi-family project, making this a fantastic investment in a high-demand area. To top it off, the properties offer stunning ocean views, adding to their long-term value and appeal.
Opportunities like this don’t come around often!More details
Unique Investment Opportunity - Single Family Home with Mobile Home Park Zoning! This rare 1.19 acre property offers a single-family home with Mobile Home Park zoning and four rental pad sites, each currently paying $350 per month. The principal residence is a well-maintained basement home featuring two bedrooms upstairs and a self-contained two-bedroom suite downstairs with a private entry. The four privately owned single-wide mobile homes are accessed by a separate road, providing rental income potential while maintaining privacy for the main home. This tidy, older residence offers comfortable family living while presenting an excellent owner/investor opportunity to increase pad rental rates. Live in your own home while generating $16,800 in gross annual income, with market rent potential of approximately $31,200 today.More details