About this property
Sicamous Village is a beautifully maintained, low maintenance, 9-unit rental complex. The complex is comprised of 6 separate buildings that span a large 33,105 sf L-shaped lot in the heart of the town centre; conveniently located just steps from Mara Lake “the Gateway to the Shuswap.” The property has been under the same ownership for almost 40 years and has seen consistent capital improvements throughout that time. Rents are currently under market value by at least 29% which provides investors a tremendous opportunity to increase revenues immediately upon tenant turnover. Numerous upgrades, a central location, reliable tenants and a stable cash flow make this a perfect investment in a beautiful Shuswap community.