About 3117 Van Horne Rd
ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important.
Basic Information
| Price | $3,099,000 |
|---|---|
| MLS® # | 1017317 |
| Sub-Type | Single Family Detached |
| Year Built | 1970 |
| Beds | 3 |
| Baths | 1.00 |
| Lot Size | 1.32 Acres |
Location Information
| Address | 3117 Van Horne Rd |
|---|---|
| Postal Code | V9K 2L2 |
| Area | Parksville/Qualicum |
| Sub Area | Qualicum Beach |
| Jurisdiction | Alberni Rural (769) |
| PID Number | 000-660-949 |
| Waterfront? | No |
Features & Amenities
| Water | Well: Drilled |
|---|---|
| Sewer | Septic System |
| Heating | Mixed |
| Cooling | None |
| Foundation Details | Other |
| Property Condition | Contact List Licensee |
| Laundry | In House |
| Parking | Driveway, Open, RV Access/Parking, Other |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
Listing Details
| Office | REMAX Professionals (NA) |
|---|