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1 Sun Rivers Dr - Sun Rivers Development Lands 48 Acres of Commercial Land Offered at $24,000,000 CAD in Kamloops, BC V2H 1T9
INVESTMENT HIGHLIGHTS
- Approximately 48+ acres of mixed development land
- A mix of single family and multifamily housing types.
- Bighorn Golf & Country Club situated throughout development
- Remaining density of over 279 units
- An existing density of over 1,600 units
EXECUTIVE SUMMARY
The property represent an opportunity to acquire the remaining development lands located within the existing high-end Sun Rivers Resort Community, which currently has over 1,000 mixed residential units built-out, the popular Bighorn Golf & Country Club and Masons Kitchen & Bar, and the “Village Centre” development land. The remaining development parcels can accommodate a mix of single family, townhouse, and multifamily housing types with a remaining density of over 279 units. An infrastructure agreement between the Sun Rivers Group and Corix (now Nexus through Bluestem Utilities) who have purchased the original Run Rivers Utility Company, provide for Nexus to provide servicing throughout the resort. The costs associated with the servicing, including electrical, natural gas, domestic and irrigation water, sewer, geothermal, municipal services, and community & neighbourhood maintenance are shared between the Sun Rivers group and Nexus, and once a threshold of 1,000 units is met, these costs will be wholly paid for by Nexus. Therefore, the subject lands present an even greater opportunity to potential developers, to acquire fully serviced sites, ready for development.
PROPERTY FACTS
| Price | $24,000,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Master Planned Community |
| No. Lots | 1 | Total Lot Size | 48.00 AC |
| Property Type | Land |
| Price | $24,000,000 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Master Planned Community |
| Total Lot Size | 48.00 AC |
1 LOT AVAILABLE
Lot 152
| Price | $24,000,000 CAD | Lot Size | 48.00 AC |
| Price Per AC | $500,000.00 CAD |
| Price | $24,000,000 CAD |
| Price Per AC | $500,000.00 CAD |
| Lot Size | 48.00 AC |
Approximately 48 acres of mixed development land. Remaining density of over 279 units. A mix of single family and multifamily housing types. An existing density of over 1,600 units. Bighorn Golf & Country Club situated throughout development.
DESCRIPTION
The subject properties are located throughout the Sun Rivers Resort Community in Kamloops, BC. The properties are 5 minutes from downtown Kamloops.