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$1.2M total
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Asset Class
Specialty
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
99%
Year Built
2000
Lot Size
1.46 ac
Enjoy amazing Okanagan Lake views from this beautiful 1.46-acre property in Peachland! This private property offers stunning 180-degree lake and mountain views, with scenery stretching from Kelowna to Penticton. Surrounded by tall trees, it is a peaceful place to enjoy the Okanagan lifestyle. The home has been nicely updated with new flooring, fresh paint, a new heat pump, new hot water tank, new appliances, a new kitchen, and updated bathrooms. The updates make the home comfortable and move-in ready. Enjoy your morning coffee with the lake view, have a BBQ with family and friends, or simply relax and enjoy the peaceful surroundings. The property is conveniently located just minutes from downtown Peachland, beaches, restaurants, wineries, and other amenities. Kelowna and Penticton are also an easy drive away. If you are looking for privacy, beautiful lake views, a large 1.46-acre property, and a home with many recent updates, this could be the perfect Okanagan getaway or full-time home. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$97K
Annual cash flow
$30K
Cash-on-cash
8.37%
DSCR
1.45
Going-in cap
8.05%
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
91,116
Households
35,246
Median income
$93,500
Median age
45.8
Daytime population
102,476
5-yr growth
1.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 7250 Highway 97 S, 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.