6203 Willow Avenue,Summerland, BC V0H1Z4
Summerland, BC V0H1Z4
Description
A rare opportunity to acquire two adjacent Okanagan income properties on separate titles, offered together as one portfolio. Both sit in the Trout Creek area of Summerland, walking distance to Okanagan Lake and minutes from downtown, beaches, wineries, orchards and golf. SunOka Apartments is a 25-unit multifamily complex of two buildings built in 2008, each two storeys. It contains nine one-bedroom suites and sixteen studio suites, several one-bedrooms. Every suite has a balcony or patio, and the site includes two EV charging stations. The complex is pet friendly and typically fully rented. With no interior common areas, ongoing maintenance is minimal. The Summerland Motel, directly adjacent, is a well-established 31-unit motel fronting Highway 97, with 9 units featuring kitchen facilities. It offers a beautiful courtyard with swimming pool, guest laundry and highway signage. A single-storey attached portion was fully renovated in 2021 with new roof, new siding and refreshed interiors. Held within a single company and offered as a share sale. Owners are nearing retirement and ready to sell. Call your agent! (id:374)
Details
| MLS # | 10395303 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Status | Active |
| Year | 2008 |
| Days On Site | 94 |
| Listing Provided By | REMAX Kelowna | Larry Berisoff |
Features
| Acreage | 1.37 |
|---|
Interior
| Fireplace Yes / No | No |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 51072 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Summerland |
| Postal Code | V0H1Z4 |
| Listing VS Median (in V0H1Z4) | |
Price: $7,950,000 low | high Med: $1,249,000 On site: 94 low | high Med: 38 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Summerland |
| Postal Code | V0H1Z4 |
| Listing VS Median (in V0H1Z4) | |
Price: $7,950,000 low | high Med: $1,249,000 On site: 94 low | high Med: 38 | |