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Angie Hill Real Estate

$3,800,000

4544 Lanes Rd
MLS® NO: 1014109

Description

Here is an opportunity to acquire a very unique Waterfront revenue property on Southern Vancouver Island. This 5+ acre parcel contains a 19 unit senior’s mobile home park, large house with panoramic ocean views, a six unit apartment building and an older house. All units currently rented with and 2024 EGI of approximately 237,000. The property slopes toward the water so most units have ocean views. The location is rural enough to make it peaceful but within a short drive to amenities. There is ample opportunity to increase revenue or live on the property and enjoy the view while benefiting from substantial cash flow. Financials available to qualified buyers with signed NDA. No sign at sellers request

General

Property Type:Multi Family
Taxes:$15,698
Tax Year:2025

Site Influences

Lot SqFt: 227,383
Acres: 5.22
Water: Cistern, Well: Drilled
Waste: Septic System

Property Details

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Listed with:

Blair Herbert
Royal LePage Duncan Realty
Phone: 250-746-6621

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.