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3844 Senger Road

MLS® Number:  10331362

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  • 3844 Senger Road

$ 5,550,000

2

BEDROOMS

1 + 0

BATHROOMS

970

SQUARE FEET

1965

YEAR BUILT

https://www.cirrealty.ca/reb/bc/2/10331362_2.jpg

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Herman Neustaedter

250-864-9197

MLS® Number
10331362
PROPERTY TYPE
LISTING DATE
January-08-2025

INVESTOR ALERT !! Approximately 46.91 acres consisting of two contiguous improved rural residential properties, inclusive of a leased cherry orchard (approximately 18 acres) and the Peace Valley Mobile Home Park all with in the ALR. The upper portion sits atop Bemrose and Senger road in prestigious South East Kelowna with sweeping vistas of Gallagher’s Canyon, Black Mountain, and a meandering Mission Creek. The two parcels function as one unit with the future potential to bifurcate with a lot line adjustment. The cherry orchard is leased and the potential income from the cherry orchard as a growing concern has not been factored into the market evaluation. There is tremendous potential as the orchard is beginning to mature closer to full production. The current lease expires in 2031. Buyers wishing to take over the existing lease will receive an approximate $200,000 rebate off the sale price. There are 35 rental pads that make up the Peace Valley Mobile Home Park, and on the Senger road portion there is a renovated two-bedroom home with a separate workshop that has a market rental potential of $2,000 per month. Pad rentals information is available upon request. NOTE, future purchasers will be allowed to increase the PAD rent to better reflect the current market rent of approximately $575-to-$600 per month equating to over $20,000 per month of guaranteed income of over $20,000 per month of Pad rent. There is also potential for a panoramic building site for a dream home.

COMMUNITY 
PROPERTY TYPE 
BUILDING TYPE 
STYLE  Bungalow
YEAR BUILT 1965
SQUARE FOOTAGE  970
BEDROOMS  2
BATHROOMS  1.00
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING  None
FIREPLACE  N/A
FLOORING 
HEATING 
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS 
ROOF 
TITLE 
BROKER  CIR Realty

 

 

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.