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For Sale North Shuswap Storage Resort 2.107 ± Acres

1337 Cardy Drive Scotch Creek, British Columbia

Property Highlights • This established facility is situated within the town of Scotch Creek, along the shores of the extremely popular Shuswap Lake. • 165 Rental Units • Expansion Opportunity

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Ken Kiers Personal Real Estate Corporation

Sales, Leasing & Investment Brokerage c 604 209 2222 t 604 534 7974 [email protected] NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. SM/BROKERS/KKIERS/SALE_1337 Cardy Dr_2017-09-22

NAI Commercial - Langley LTD. 5718 Glover Road Langley BC V3A 4H8 604 534 7974 www.naicommercial.ca

For Sale North Shuswap Storage Resort 2.107 ± Acres

THE OFFERING NAI Commercial (Langley) LTD is pleased to offer FOR SALE, the NORTH SHUSWAP STORAGE RESORT Facility, located in Scotch Creek, BC This established facility is situated within the town of Scotch Creek along the shores of the extremely popular Shuswap Lake.

THE LOCATION Scotch Creek is located on the northern shore of Shuswap Lake 28 km (17 mi) east of Chase. The Town of Scotch Creek is part of The North Shuswap tourism area that stretches from Scotch Creek to Seymour Arm and includes the communities of Lee Creek, Scotch Creek, Celista, Magna Bay, Anglemont, St. Ives and Seymour Arm. Scotch Creek is home to one of the most popular parks in the province of British Columbia called Shuswap Lake Provincial Park. Although the park is busy from spring until fall, it operates at capacity from early July to early September. The park is situated on the old delta of Scotch Creek and has one kilometer of sandy, pebble beach. The park also offers a large grassy play area, an adventure playground, a large boat launch, and a self-guiding nature trail. The year around population of the area is 3,200 plus, however, that number increases exponentially as spring turns to summer as the area is very popular with Vacationers for the area’s summer homes and cottages.

Western Canada’s Self-Storage Expert

Ken Kiers



Personal Real Estate Corporation

+1 604 514 6830 [email protected]

NAI Commercial - Langley LTD. 5718 Glover Road Langley BC V3A 4H8 604 534 7974 www.naicommercial.ca

PROPERTY DETAILS

Legal Description 2 Titles as follows:

1329 Cardy Drive – 1.109 Acres Lot 3 Section 33 Township 22 Range 11 West of the 6th Meridian Kamloops Division Yale District Plan KAP59951 PID: 023-873-779 1337 Cardy Drive - .998 acres Lot 4 Section 33 Township 22 Range 11 West of the 6th Meridian Kamloops Division Yale District Plan KAP59951 PID: 023-873-787

Area

2.107 Acres

Gross Building Area: 21,392+/- Square feet (Including Office & Suite)

1329 Cardy Assessed Value – Land : $153,000 Improvements: $111,000 Total: $264,000 2016 Property Taxes - $3,764.41 2016 Property Taxes

1337 Cardy Assessed Value – Land : $146,400 Improvements: $361,600 Total: $508,000 2016 Property Taxes - $6,904.10

Buildings

Office, Shop, Suite & Heated Storage = Heated Mini-Storage = Unheated Mini-Storage = Covered Storage = Quonset Huts = Metal Storage Building =

3,280 SF 2,000 SF 2,000 SF 2,080 SF 8,032 SF 4,000 SF

Rentable Units

40 Self-Storage 55 Covered RV/Boat Storage 70 RV Parking Spaces 165 Total

Net Rentable

20,252 +/- Square Feet (excluding Office, Suite & Mechanical Areas)

Living Area & Office

1 Bedroom Suite – 800 SF

Construction

Mini-Storage - 2x4 wood frame/metal clad – Built 204 thru 206 1 Metal Quonset Hut 2 Fabric Quonset Huts Wood Frame Main Building

Zoning

MU – Mixed Use

Occupancy

Self- Storage - Indoor Parking - Outdoor Parking -

ASKING PRICE

$ 1,250,000.00

1 Office - 260 SF

100% Occupied 100% Occupied Room to increase

NAI Commercial - Langley LTD. 5718 Glover Road Langley BC V3A 4H8 604 534 7974 www.naicommercial.ca

For Sale North Shuswap Storage Resort 2.107 ± Acres FUTURE REVENUE POTENTIAL • • •

Add Mini-Storage or Covered Storage Add mobile storage units Add RV Parking Spaces

7.88% CAP Rate on Current Income.

* Information provided by Owner ** 1 Acre parcel next door also available.

Ken Kiers Personal Real Estate Corporation

Sales, Leasing & Investment Brokerage c 604 209 2222 t 604 534 7974 [email protected] NAI Commercial - Langley LTD. 5718 Glover Road Langley BC V3A 4H8 604 534 7974 www.naicommercial.ca

Agent Profile

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SUBJECT PROPERTY

Western Canada’s Self Storage Expert Recent Significant Self Storage Sales include: Henday Self Storage, Edmonton AB - $8,500,000 Affordable Storage, Edmonton AB - $8,500,000 Affordable Storage, Sherwood Park AB - $15,700,000 All Secure Storage, Courtney BC - $5,000,000 Econo Storage, Surrey BC - $13,000,000 A1 Self Storage, Prince George BC - $2,300,000 Westside Storage, Lethbridge AB - $2,150,000

Available Now: Innisfail Storage, Alberta $4,950,000

Call now for your free, no-obligation evaluation of your property. Western Canada’s Self Storage Expert Ken Kiers Personal Real Estate Corporation +1 604 209 2222

[email protected] www.naibc.ca/selfstorage

NAI Commercial - Langley LTD. 5718 Glover Road Langley BC V3A 4H8 604 534 7974 www.naicommercial.ca

CONFIDENTIALITY AGREEMENT

TO:

NAI Commercial 5718 Glover Road Langley, BC V3A 4H8

The undersigned Potential Purchaser has expressed interest in making an Offer to Purchase that property and or business located at 1337 Cardy Drive, Scotch Creek, BC (hereinafter referred to as the “Property”). As a result, NAI Commercial and NAI Advent (hereinafter referred to as the “Agent”), is providing to the undersigned certain information about the Property which is non-public, confidential, or proprietary in nature on behalf of the owner. All such information and copies thereof together with any analyses, compilations, studies, or other documents prepared by the undersigned or agents, representative or employees of the undersigned which contain or otherwise reflect such information, together with information which is delivered verbally and is identified as confidential, is referred to herein collectively as the “Confidential Information”. As a condition and in consideration of your agreement to make the Confidential Information available, the undersigned covenants, acknowledges and agrees as follows: 1. (a) (b) (c)

That it will keep the Confidential Information confidential and will: not use the Confidential Information in any way detrimental to the Owner or its tenants; not use the Confidential Information in any way other than in connection with the undersigned’s evaluation of the Purchase; not reveal the Confidential Information to its agents, representatives, and employees except to such of the aforesaid who agree to be bound by the terms of this agreement and who need the Confidential Information to evaluate the Purchase. The undersigned acknowledges that it is responsible for any breach of this agreement by its agents, representatives and employees.

2.

That it may not assign or delegate any of its obligations pursuant to this agreement without the prior written consent of the Owner.

3.

That it will keep record of the Confidential Information furnished and of its location. Confidential Information, except that portion consisting of analyses, compilation and studies, remains the property of the Agent and will be returned to it immediately upon request, together with all copies of the Confidential Information made by the undersigned.

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4.

That it will provide the Agent with prompt written notice of the circumstances surrounding any disclosure by it of Confidential Information, whether under compulsion of law or otherwise, in order that the Agent may seek a protective order or other appropriate remedy or waive compliance with the agreement, the undersigned will release only such Confidential Information as it is advised by written opinion of counsel is required and will use its best efforts to ensure that the Confidential Information is given confidential treatment.

5.

That is hereby indemnifies and saves harmless the Agent their successors and assigns from any and all claims, losses, costs, or damages suffered or incurred by or against the Agent or owner by reason of the Agent releasing Confidential Information to the undersigned.

Acknowledged and accepted this _____ day of ______________, ___________

__________________________________ Telephone Number: _______________ Company Name

__________________________________ Signature

______________________________ Signed by (Name)

Email: _________________________

_______________________________ Position of Signator

Upon Completion of the above, please return via email to [email protected]

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