• MLS® #: 10220817
  • 1448 Latta Road
  • Kelowna, British Columbia V1P1B4
  • $3,600,000
  • 5 Beds, 3 Bath, 2915 SQ. Feet, 20.90 Acres
  • Agriculture
  • Office: RE/MAX Kelowna

20.9 acre apple orchard in a great central location. Currently planted to Gala (approx. 450 bins), Ambrosia (approx. 350 bins), Honey Crisp (approx. 300 bins). Leased for the 2021 season (Fixed rate 30K for the year). 5 bedroom + 2 den, 3 bathroom primary home (rented for $3500/month), 3 bedroom modular home (rented for $1200/month), + 2 pickers' cabins. Total rental revenue of $7000+ per month. Smaller plantings to cherries + pears. Equipment included (please inquire for list). Excellent opportunity for an investor who wants stabilized cash flow through multiple rentals + fixed rate orchard lease; alternatively, an attractive option for orchardists looking at getting additional land into their portfolio and taking over operations of this well-run orchard in 2022 and onward. Great slope on the orchard for airflow. Good sun exposure. Fully irrigated w/ overhead sprinklers. Turn-key orchard operation. Call the Listing Agent for more information on this property. (id:3745)

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Essential Information

  • Listing #10220817
  • Price$3,600,000
  • Bedrooms5
  • Bathrooms3.00
  • Square Footage2,915
  • Acres20.90
  • Year Built1945
  • TypeAgriculture

Community Information

  • Address1448 Latta Road
  • SubdivisionRutland North
  • CityKelowna
  • StateBritish Columbia
  • Zip CodeV1P1B4

Amenities

  • UtilitiesWater
  • FeaturesCentral island

View

Mountain view, View, Valley view

Exterior

  • ExteriorWood siding

Additional Information

  • ZoningIn ALR
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