The Salt Fowler Team at RE/MAX Vernon has listed a new property at 6242 Rimer Road in Vernon.
Forego the unknown of investment in income property, this unique and lucrative opportunity boasts a safe, secure, and established income with room to grow, develop, and maximize. Currently the location of a successful and frequented u-pick tourism hot spot, this extensive property boasts a range of residential suites and business rentals that, in combination with the Orchard itself can generate over $200,000 in income. Pun intended, investment in this industry promises to always be fruitful. With fragrant cherries, apricots, peaches, and more available throughout the changing seasons, this business offers consistent annual income. If maintaining a u-pick farm is not your forte, simply rent out the business to one of many interested parties for a 40% return of income- between $50-$80K a year. Besides the orchard itself, two separate homes exist on the property, the larger of which produces $3500 per month in the 5-bedroom main part of the home, as well as $1150 and $1400 in the 1-and 2-bedroom suites. The original home on the property contains two separate units, rented at $1800 and $1300 respectively. Outside, the detached shop rents for $1850, and a second shop hold the potential to produce $1000 more. Lastly, a single bedroom suite behind the farmstand could rent for $1150. Most or all utilities are included in the rental costs. Come see everything this thriving income opportunity can off you today. Also please visit the website at www.petersupick.com. (id:2493).
Check it out!! Call us today to find out what your Vernon/North Okanagan BC real estate is worth!