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$3.9M total
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Asset Class
Specialty
Size
—
Building class
C
Zoning
US — Urban Services
$ / SF
—
Occupancy
89%
Year Built
1985
Lot Size
12.35 ac
FOR SALE BY COURT ORDER - Presenting a unique development opportunity in Peachland. Currently improved with a vineyard and 1985 built winery structure, this 12 acre lot is NOT IN THE ALR and ripe for rezoning to residential. With sweeping views of Okanagan Lake, approximately 5 acres of this lot is flat and perfect for building. The remaining 7 acres is gently sloped towards the lake and perfect for a residential subdivision that maximizes the property's spectacular views. The property currently has city sewer and water at the lot line. A unique opportunity to either fully develop, are partly develop a one-of-a-kind vineyard estate community with the existing vineyard. All offers are due by October 19th at 5 PM. All offers are subject to the approval of the Supreme Court of BC. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$18K
Projected NOI
$232K
Annual cash flow
$17K
Cash-on-cash
1.45%
DSCR
1.08
Going-in cap
5.97%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
50,911
Households
17,616
Median income
$127,500
Median age
37.6
Daytime population
77,214
5-yr growth
1.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5355 Trepanier Bench Road, Peachland.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.