3915 OLD RED MOUNTAIN Road, Rossland | $1,790,000

Excellent Rossland / Red Mountain INVESTMENT opportunity at THE BLOCK!! This property has been substantially renovated to include 4 one-bedroom apartments for long-term rentals, 7 hostel rooms for nightly rentals (with shared common areas, laundry and storage lockers) and a campground with 6 fully serviced RV sites as well as an open field for camping! Located one minute from world-class skiing at Red Mountain Resort and one minute from the top of Rossland with biking & walking trails right out the door! The zoning on this property allows for multiple uses and it has a great CAP rate! Contact your Realtor for more information on this great income property. **Note - room sizes and floor plans are approximate for Apartment #2 and Hostel Rooms 1,2,3,6 and 7 **

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Description

Excellent Rossland / Red Mountain INVESTMENT opportunity at THE BLOCK!! This property has been substantially renovated to include 4 one-bedroom apartments for long-term rentals, 7 hostel rooms for nightly rentals (with shared common areas, laundry and storage lockers) and a campground with 6 fully serviced RV sites as well as an open field for camping! Located one minute from world-class skiing at Red Mountain Resort and one minute from the top of Rossland with biking & walking trails right out the door! The zoning on this property allows for multiple uses and it has a great CAP rate! Contact your Realtor for more information on this great income property. **Note - room sizes and floor plans are approximate for Apartment #2 and Hostel Rooms 1,2,3,6 and 7 **

General Info

MLS Listing ID: 2477215 Bedrooms: 0 Bathrooms: 0 Year Built: 1963
Parking: N/A Heating: No heat Lotsize: 0.74 ac|under 1 acre Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .