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$1,000,000

Valemount BC, V0E 2Z0

MLS® # C8071759

Property Information:

Rare waterfront investment opportunity in the heart of the Rockies-Valemount BC! Cap rate of 10.21% is based on the four-year (2021–2024) average adjusted NOI. This 1-acre waterfront property sits directly on the bank of Swift Creek, where the Chinook salmon return to spawn each year. The property features 13 short term accommodation units: 7 double units and 6 single units. Recent upgrades include: new roof, all new siding and windows, fresh flooring in many units, low maintenance landscaping for standout curb appeal. Valemount is quickly becoming a premier year-round tourist destination. Just 25 minutes from Mount Robson, the area attracts thousands of visitors annually for hiking, mountain biking and sledding. With tourism growing year over year, now is the perfect time to invest in this thriving market. Seize this one-of-a-kind opportunity and do not miss your chance to own this unique waterfront investment property! (id:27)

Building Features:

  • Style: Multiplex
  • Amenities: Street Lighting
  • Floor Space: 4862 sqft

Property Features:

  • Property Type: Multi-family
  • Built in: 1964
  • Floor Space (approx): 4862 Square Feet
  • Road Type: Paved road
  • Parking Type: Visitor parking

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 1300 2ND AVENUE, Valemount, British Columbia, V0E 2Z0

Demographic Information of 1300 2ND AVENUE, Valemount, British Columbia, V0E 2Z0

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$102,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.22 %

High school certificate or equivalent

36.66 %

Apprenticeship trade certificate/diploma

3.34 %

College/non-university certificate

22.22 %

University Degree

15.56 %

Commuter

Travel To Work

By Car

78.72 %

By Public Transit

0.0 %

By Walking

10.64 %

By Bicycle

8.51 %

By Other Methods

2.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.14 %

Houses

92.86 %

Own Vs. Rent