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Cedar, alder + palmer  summerland, bc

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*Wes Stewart Personal Real Estate Corporation® ©StewartGroup Realty

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great return on multiple properties in summerland

5.95% Cap Rate | $16,400 monthly revenue | 0.67 acres

$3,050,000 | MLS®180670

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Great return on investment on multiple properties that are showing an excellent return creating a 5.95% cap rate. This opportunity is comprised of four single family homes with legal rental suites, all built between 2017 and 2019 and still protected by the 2/5/10 new home warranty. All four homes have individual titles, and can be purchased as a package or individually. With 100% occupancy this package will generate $16,400 per month, or $196,800 annual gross income in an extremely safe investment. Property addresses are 8621 Cedar Ave, 8778 and 8738 Palmer Place, and 9457 Alder Street, Summerland, BC. Full package available, call listing agent for details.

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Locations West Realty

250.486.2994 | loristewart@royallepage.ca 250.486.2794 | wesstewart@royallepage.ca

Wes* & Lori are Top Producers with Royal LePage Locations West Realty in Penticton, BC. Together, they have built a successful real estate team and have over 25 years combined in the industry. Representing the TOP 1% in Canada for Royal LePage they are your PARTNERS FOR SUCCESS in your home buying/selling journey in the South Okanagan.

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