1500 Willow Crescent 15.06 Acres of Commercial Land Offered at £5,169,293 in Merritt, BC V1K 1K9

EXECUTIVE SUMMARY
The Schreder Brother's Real Estate Group at Royal LePage Wolstencroft presents the opportunity to purchase 15.06 acres of Residential Development Land in Merritt, British Columbia. This opportunity CURRENTLY has the potential for up to 55 Mobile Home Park units per hectare. The Seller has proposed to re-zone this property to be a split R5 (Mobile Home Park and R7 (Medium Density Residential). The Seller has currently proposed 70 Mobile Home Pads to be developed on the north side of the property, and 200 Condominium/Apartment units to be developed on the south side of the property. All Buyers and Buyer's Agent(s) should independently verify all facts of this property if deemed important.
PROPERTY FACTS
Price | £5,169,293 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 15.06 AC |
Zoning | R5 |
1 LOT AVAILABLE
Lot
Price | £5,169,293 |
Price Per AC | £343,246.57 |
Lot Size | 15.06 AC |
1 of 1