1763-1815 Boucherie Road
West Kelowna
Update on 2023-07-04 10:05:04 AM
$ 5,750,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1980
YEAR BUILT
Opportunity to purchase a 5-lot, 1.037 acre, residential assembly on the Westside Wine Trail. The opportunity may be purchased together or separately from the neighbouring 0.97 acre bare land property (MLS# 10315229). The properties are located on the edge of Westbank First Nation’s land on the corner of Boucherie Road and Pritchard Drive. This is leasehold land - 125 years. 16 tenanted residential units with average rents at $1.65/SF per month with ability to increase to market rate of $2.05/SF per month/. Zoned MFL - Multifamily Residential Low Density with a max density of 2.5 storeys. Offered at 5.25% Cap Rate with holding income. Assumable financing available. Under 5 minutes to Frind Winery, Mission Hill Winery and Quail’s Gate Winery.
COMMUNITY | WEC - Westbank Centre |
TYPE | Residential |
STYLE | |
YEAR BUILT | 1980 |
SQUARE FOOTAGE |
BEDROOMS | |
BATHROOMS | |
BASEMENT | |
FEATURES |
GARAGE | No |
PARKING | |
ROOF | |
LOT SQFT | 0 |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Master Bedroom | ||
Second Bedroom | ||
Third Bedroom | ||
Dining Room | ||
Family Room | ||
Kitchen | ||
Living Room |
INTERIOR
EXTERIOR
Broker
Unison HM Commercial Realty
Agent