PRPSD LT 2 47 Street, Okanagan FallsPRPSD LT 2 47 Street, Okanagan Falls — photo 2PRPSD LT 2 47 Street, Okanagan Falls — photo 3PRPSD LT 2 47 Street, Okanagan Falls — photo 4PRPSD LT 2 47 Street, Okanagan Falls — photo 5PRPSD LT 2 47 Street, Okanagan Falls — photo 6PRPSD LT 2 47 Street, Okanagan Falls — photo 7PRPSD LT 2 47 Street, Okanagan Falls — photo 8PRPSD LT 2 47 Street, Okanagan Falls — photo 9PRPSD LT 2 47 Street, Okanagan Falls — photo 10PRPSD LT 2 47 Street, Okanagan Falls — photo 11PRPSD LT 2 47 Street, Okanagan Falls — photo 12PRPSD LT 2 47 Street, Okanagan Falls — photo 13PRPSD LT 2 47 Street, Okanagan Falls — photo 14PRPSD LT 2 47 Street, Okanagan Falls — photo 15PRPSD LT 2 47 Street, Okanagan Falls — photo 16PRPSD LT 2 47 Street, Okanagan Falls — photo 17PRPSD LT 2 47 Street, Okanagan Falls — photo 18PRPSD LT 2 47 Street, Okanagan Falls — photo 19PRPSD LT 2 47 Street, Okanagan Falls — photo 20PRPSD LT 2 47 Street, Okanagan Falls — photo 21PRPSD LT 2 47 Street, Okanagan Falls — photo 22PRPSD LT 2 47 Street, Okanagan Falls — photo 23PRPSD LT 2 47 Street, Okanagan Falls — photo 24PRPSD LT 2 47 Street, Okanagan Falls — photo 25PRPSD LT 2 47 Street, Okanagan Falls — photo 26PRPSD LT 2 47 Street, Okanagan Falls — photo 27PRPSD LT 2 47 Street, Okanagan Falls — photo 28PRPSD LT 2 47 Street, Okanagan Falls — photo 29PRPSD LT 2 47 Street, Okanagan Falls — photo 30PRPSD LT 2 47 Street, Okanagan Falls — photo 31PRPSD LT 2 47 Street, Okanagan Falls — photo 32PRPSD LT 2 47 Street, Okanagan Falls — photo 33PRPSD LT 2 47 Street, Okanagan Falls — photo 34PRPSD LT 2 47 Street, Okanagan Falls — photo 35PRPSD LT 2 47 Street, Okanagan Falls — photo 36PRPSD LT 2 47 Street, Okanagan Falls — photo 37PRPSD LT 2 47 Street, Okanagan Falls — photo 38PRPSD LT 2 47 Street, Okanagan Falls — photo 39PRPSD LT 2 47 Street, Okanagan Falls — photo 40PRPSD LT 2 47 Street, Okanagan Falls — photo 41PRPSD LT 2 47 Street, Okanagan Falls — photo 42PRPSD LT 2 47 Street, Okanagan Falls — photo 43PRPSD LT 2 47 Street, Okanagan Falls — photo 44PRPSD LT 2 47 Street, Okanagan Falls — photo 45PRPSD LT 2 47 Street, Okanagan Falls — photo 46PRPSD LT 2 47 Street, Okanagan Falls — photo 47PRPSD LT 2 47 Street, Okanagan Falls — photo 48PRPSD LT 2 47 Street, Okanagan Falls — photo 49PRPSD LT 2 47 Street, Okanagan Falls — photo 50PRPSD LT 2 47 Street, Okanagan Falls — photo 51PRPSD LT 2 47 Street, Okanagan Falls — photo 52PRPSD LT 2 47 Street, Okanagan Falls — photo 53PRPSD LT 2 47 Street, Okanagan Falls — photo 54PRPSD LT 2 47 Street, Okanagan Falls — photo 55PRPSD LT 2 47 Street, Okanagan Falls — photo 56PRPSD LT 2 47 Street, Okanagan Falls — photo 57PRPSD LT 2 47 Street, Okanagan Falls — photo 58PRPSD LT 2 47 Street, Okanagan Falls — photo 59PRPSD LT 2 47 Street, Okanagan Falls — photo 60PRPSD LT 2 47 Street, Okanagan Falls — photo 61PRPSD LT 2 47 Street, Okanagan Falls — photo 62PRPSD LT 2 47 Street, Okanagan Falls — photo 63PRPSD LT 2 47 Street, Okanagan Falls — photo 64PRPSD LT 2 47 Street, Okanagan Falls — photo 65PRPSD LT 2 47 Street, Okanagan Falls — photo 66PRPSD LT 2 47 Street, Okanagan Falls — photo 67PRPSD LT 2 47 Street, Okanagan Falls — photo 68PRPSD LT 2 47 Street, Okanagan Falls — photo 69PRPSD LT 2 47 Street, Okanagan Falls — photo 70PRPSD LT 2 47 Street, Okanagan Falls — photo 71PRPSD LT 2 47 Street, Okanagan Falls — photo 72PRPSD LT 2 47 Street, Okanagan Falls — photo 73PRPSD LT 2 47 Street, Okanagan Falls — photo 74PRPSD LT 2 47 Street, Okanagan Falls — photo 75
1/75
For Sale · Land

PRPSD LT 2 47 Street, Okanagan Falls

PRPSD LT 2 47 Street, Okanagan Falls, BC V0H1R5

$649,000 total

—

Asset Class

Land

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

98%

Lot Size

57.8 ac

About this property

Nestled along the east side of McLean Creek Road is this stunning 57.8 acre with panoramic lake views and is bordered by large vineyards. There is large flat plateau perfect for your dream home. This property is located about halfway between Penticton and Okanagan Falls just off East Side Road. The property is zoned RA for Resource Area which allows for a lot of different usages and is not in the ALR. You can build a main residence plus a carriage house up to 1,340 sqft. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$649K
Down payment30% · $195K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$38K

Annual cash flow

$2K

Cash-on-cash

0.92%

DSCR

1.05

Going-in cap

5.82%

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.

Area demographics

Trade area within 3 miles of the property.

Population

145,378

Households

68,174

Median income

$124,000

Median age

33.1

Daytime population

237,656

5-yr growth

6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for PRPSD LT 2 47 Street, Okanagan Falls.

NDA required

  • 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.