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Royal LePage Sussex presents investors the opportunity to acquire a beautifully maintained, low maintenance, 9-unit rental complex. Sicamous Village, is comprised of 6 separate buildings that span a large 33,105 sf L shaped lot in the heart of the town centre; conveniently located just steps from Mara Lake “the Gateway to the Shuswap.” The property has been under the same ownership for almost 40 years and has seen consistent capital improvements throughout that time. Rents are currently under market value by at least 29% which provides investors a tremendous opportunity to increase revenues immediately upon turnover. Numerous upgrades, a central location, reliable tenants and a stable cash flow make this a perfect investment in a beautiful Shuswap community.
Please contact me if you would like a property brochure and other pertinent documents.
-- Chris Hayne Royal LePage Sussex Multifamily Investment Specialist M: 778-998-4663 O: 604-984-9711