All units are spacious two bedrooms and 2 bathrooms. Decks and yards for each unit. This building has been fully renovated and so you do not have much to do. Gross Rents: $42,000. Annual Expenses: $6,694 Net Income: $35,306. If smoking and/or children allowed your return goes to 7.91%. This property was a registered strata back in 1988 (KB28145 KA CANCELLED THE OWNERS, STRATA PLAN NO. K548 1988). Further details should be sought from the Land Titles Office.
Owners will consider partial trade to either a property in West Kelowna or small house that needs to be renovated in the area. The owners have promised the tenants that they would be disturbed as little as possible (bad past experience) so viewing would be a condition in the offer presented.
Raymond MAASKE,BBA, CCC, ACRE, ATM-B
Summerland & Penticton, Okanagan, BC
Website: http://www.HomeStarRealty.ca
E-mail:raymond@HomeStarRealty.ca
Phone:250.488.8764
"Oh by the way... I'm never too busy for your referrals"
