This development property is located in Lake Cowichan in BC. total of approx. 2.5 acres and comes with three duplex buildings which is 6 residential units out of 6 units 2 units are rented out 2000 X 2 = $4000/month other 4 units needs some renovations. Appraised value of the total parcel is $3,950,000/- This best deal is still negotiable like Vendor Take Back mortgage with the down payment of 50% after the price negotiations. We projected a net profit in one year to the buyer is around 2.5 million. The seller is motivated to sell due to personal reasons.
This development property is located in Lake Cowichan in BC. total of approx. 2.5 acres and comes with three duplex buildings which is 6 residential units out of 6 units 2 units are rented out 2000 X 2 = $4000/month other 4 units needs some renovations. Appraised value of the total parcel is $3,950,000/- This best deal is still ne...