7808 Spartan Drive

Offered at: $1,999,000

MLS®: 10326598

Exceptional Development Opportunity in Sunny Osoyoos, BC, you don’t want to miss!!! Ideal for developers, builders, and investors looking to capitalize on a booming market in a sought-after location, make this project an unparalleled investment opportunity in the heart of Osoyoos, BC. Situated on Spartan Drive, the BEST location in town, just steps to the BEACH and the LAKE, this property is at the epicenter of Osoyoos, surrounded by vibrant community amenities and stunning lake views. Zoned and approved for the construction of 22 UNITS, including 5 modern TOWNHOUSES and 17 stylish APARTMENTS, a perfect blend that creates a dynamic residential community ideal for a diverse range of buyers. With the Building and Development Permit approved and Building Plans available, you can start building phase 1 tomorrow. All background work has been done, complete information package and proforma available upon request. Don't miss the chance to transform this prime piece of real estate into a profitable venture. The apartment can qualify for CMHC financing with 95% LTV, 50 year amortization and low holding interest rates. (id:6769)