Tower Ranch Golf Resort in Kelowna - 18 holes, designed by Thomas McBroom, zoned for 580 residential units. In receivership for over a year now. Originally listed for $21.5M. Reduced to $14.5M which works out to around $25,000 per door for the existing lots.
108 Resort in the Cariboo - 548 acres, 18 hole golf course, tennis courts and a 42 unit lodge. Listed for $3.8M.
Tobiano Golf Reso ...
Aviawest resorts is facing $97 million in debts on five B.C. resort projects and is under court protection until March 29. Aviawest owns the flagship Parkside Resort and Spa property in Victoria. Pinnacle Lodge at Sun Peaks Ski Resort near Kamloops; the Water's Edge Resort in Ucluelet; the Pacific Shores Resort and Spa at Parksville, and condominiums in downtown Vancouver.
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Alexandra Axse ...
Two Tofino waterfront resorts in foreclosure: Cayoquot Orca Resort near Chesterman beach is a 40 unit building listed for $2.95M and Duffin Cover Resort is a 13 unit building listed for $2.35M.
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Alexandra Axsen
Owner/Managing Broker
Lake Okanagan Realty
Tel: 250.870.2792
Alex@LakeOkanaganRealty.com
Manning Park Resort near Hope, BC is in receivership. Property includes nordic and downhill skiing facilities, a lodge and chalets and a pub/bistro. The resort owes $700,000 in taxes and more than $1M to providers.
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Alexandra Axsen
Owner/Managing Broker
Lake Okanagan Realty
Tel: 250.870.2792
Alex@LakeOkanaganRealty.com
Court-ordered sale: Saratoga Beach Golf Course on Vancouver Island - 9-hole executive course with 37 acres of development land close to the beach. Listed for $1,490,000.
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Alexandra Axsen
Owner/Managing Broker
Lake Okanagan Realty
Tel: 250.870.2792
Alex@LakeOkanaganRealty.com