6203 Willow Avenue, Summerland, BC V0H1Z4
6203 Willow Avenue, Summerland, BC V0H1Z4
6203 Willow Avenue, Summerland, BC V0H1Z4
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$7,950,000
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1.37 Acres Lot
Active

6203 Willow Avenue Summerland, BC V0H1Z4

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Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Summerland Rural

MLS® Listing ID 10395303

Year Built 2008

Lot Size 1.370 Acres

Acres 1.37

Property Sub-Type Freehold

Property 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:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold


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Andrew Loewen

Andrew Loewen

Agent | License ID: 181959

+1(250) 801-6713

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6203 Willow Avenue