Summerland & Penticton Okanagan BC Real Estate, Homes For Sale and Revenue Properties - Raymond MAASKE: April 2010

6 One bedroom Revenue Apartment Investment for sale at 631 Burns Street, Penticton BC $599,995

6 Unit revenue apartment building in the downtown core of Penticton BC offering lots of long-term potential This 3 storey building has 2- 559 sqft one bedroom apartments on each floor.

Rents are low and tenants are long-term making this property easy to manage. This building has NOT been renovated and so offers many options to the new owner. This apartment building is on one of two lots (92.25'*100') so another 6 or more units could be build based original plans.

Gross Rents: $39,420. Annual Expenses: $9,932 Net Income: $29,488 (Approximately) 4.9% Cap Rate

Zoning:
RM3 - Multi-Family Residential

6 One bedroom Revenue Apartment Investment for sale at 631 Burns Street, Penticton BC $599,995

3 Bedroom Lakeview Home for sale at 146 Sumac Ridge Drive, Summerland BC $589,985

Absolutely fabulous lakeview home at prestigious Sumac Ridge. Gorgeous layout, nook off kitchen to enjoy lakeview. 3 bdrms, 3 baths, den, office, large foyer, beautifully decorated. Extra parking. A pleasure to show. Borders golf course. Bareland Strata

3 Bedroom Lakeview Home for sale at 146 Sumac Ridge Drive, Summerland BC $589,985

4 Bedroom Family Townhouse for sale at #109 - 7915 Hespeler Road, Summerland BC $299,992

Beautifully finished 4 bedroom end unit townhouse with 1950 sq ft on 3 floors. Bright spacious kitchen, hardwood and tiles floors, central air conditioning, 3 sundecks, fenced backyard.  The 4^th bedroom in the basement can also be used as a play/entertainment room.  Great place to raise/start a family. No age limit, rentals, and pets ok.

4 Bedroom Family Townhouse for sale at #109 - 7915 Hespeler Road, Summerland BC $299,992

You need a local expert working for you!

SELLING - If you own real estate (have a home or property) that you're thinking of selling, I would be happy to provide you with a FREE Home Evaluation.

BUYING - In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in Summerland with my NEW Listings Notification. 

REALTOR - Whether you are buying or selling a home, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist you with this important transaction.

INFORMATION:  In addition, if you have any general questions about buying or selling real estate in British Columbia, please contact me as I'm more than willing to serve you. If you want to know what is happening right now in Summerland see my WEEKLY Market Update.

Sincerely,

Raymond MAASKE - raymondmaaske@gmail.com

Owner/Broker - Summerland, BC 

 Real Estate Update Summerland Penticton Okanagan BC April 24, 2010

Real Estate Update Summerland Penticton Okanagan BC April 24, 2010

Court Ordered Sale: 65 Acre Waterfront Development Site with Holding Income in Summerland, Trout Creek, Okanagan BC offered at $25 Million

Located along the western shore of Okanagan Lake in Summerland, British Columbia, the property resides just northeast of Highway 97, the major north south arterial for the Okanagan Valley, and consists of approximately 65 contiguous acres in five legal titles. The Summerland property incorporates a RV campground, agricultural land and unique single-family and multi-family lake-front development potential.

This Summerland BC property’s large size, contiguous nature, array of zoning / uses and waterfront amenities position it as one of the Okanagan’s most desirable and unique opportunities today. Contact Raymond MAASKE

Court Ordered Sale: 65 Acre Waterfront Development Site with Holding Income in Summerland, Trout Creek, Okanagan BC offered at $25 Million

 Summerland BC and Penticton BC Real Estate Market and Homes for Sale - Raymond MAASKE

Summerland BC and Penticton BC Real Estate Market and Homes for Sale - Raymond MAASKE