3844 Senger Road new Save Request In-Person Tour Request Virtual Tour
Kelowna,BC V1W4S4
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 970 sqft
Price per Sqft $5,773
Subdivision South East Kelowna
MLS Listing ID 10331362
Style Bungalow
Bedrooms 2
Originating Board Association of Interior REALTORS®
Year Built 1965
Lot Size 46.910 Acres
Acres 2043399.6
Property Description
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. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Extra Room 1 Main level 8'0'' x 5'0'' 4pc Bathroom
Extra Room 2 Main level 9'2'' x 9'5'' Bedroom
Extra Room 3 Main level 11'8'' x 11'7'' Primary Bedroom
Extra Room 4 Main level 19'7'' x 13'5'' Living room
Extra Room 5 Main level 13'7'' x 9'5'' Kitchen
Interior
Heating Baseboard heaters,Other
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
View Y/N No
Roof Type Unknown
Total Parking Spaces 2
Private Pool No
Building
Story 1
Sewer Septic tank
Architectural Style Bungalow
Others
Ownership Freehold