Active

$5,790,000

5211 Trans-Canada Highway, Tappen, BC

Other at 5211 Trans-Canada Highway in Tappen, BC currently offered at $5,790,000.

Beds: -
Baths: -
Sq Ft: -
Built: -

Property Specifications

Annual Taxes: $17,451
Water Source: Well, Community Water System
Sewer / Septic: Septic tank
Heating

The Property

This is a share sale. Selling DNB Development & Services Ltd. The business assets will consist of 10 fully completed homes and 12 fully serviced building lots. All 10 homes are 3 bedroom 2 baths. homes are between1200 sqft and 1320 sqft. All homes are 100% completed and have full appliances. All homes are rent out for $2500 per month plus utilities. The property is serviced by a brand new septic system and water system. The property is located on the shores of Shuswap Lake in Tappen, BC. 10 minutes drive into Salmon Arm. Very strong rental demand. This is a great opportunity for someone looking for positive cashflow and tones of opportunity to build on the remaining lots and increase revenue or sell homes or lots as needed. Call listing Realtor for more information or to have a look. (id:63761)

Local Area Context • Tappen

Living in Tappen

A pastoral farming valley and rural acreage community west of Salmon Arm, encompassing Notch Hill and Carlin, offering rich agricultural land and family-friendly rural living.

Local Due Diligence & Property Realities

Tappen provides the privacy and space of true rural acreage with short commute times into Salmon Arm for groceries, hospital care, and secondary schools. However, properties are situated in an active agricultural belt protected by the Agricultural Land Reserve (ALR), meaning residents live alongside working dairy, beef, and hay farms with associated equipment noise and seasonal farm odors. The Canadian Pacific main rail line traverses the valley, creating acoustic and crossing considerations.

First-party area intelligence by Jeff Ragsdale, REALTOR®Full Tappen Area Guide