Property Description
HM Commercial Group and Cushman Wakefield are pleased to present a rare opportunity to participate in a multi-residential joint venture development project, located in the beautiful South Okanagan. The residential development is ideally structured for an experienced developer to combine resources with the current owner and complete the project. The project provides for a density of up to approximately 222 homes, on the golf course lands. The development is owned through Twin Lakes Golf Course Ltd which is a fully operational 18 hole championship Golf Course and RV Resort.
Situated in a beautiful valley between Penticton and Keremeos, Twin Lakes Golf & RV Resort offers a serene landscape of trees and towering rock cliffs. The changes in topography throughout the full-length 18 hole course makes it popular with golfers of all ages and abilities. This golf course is part of the South Okanagan Golf Trail, a collection of courses that are marketed together, further increasing it’s popularity.
In addition to the existing golf course & RV resort, this is a Multi-Phase development offering opportunities to provide multi-family housing. Choose to do freehold, bare land strata or leasehold interests. This is a rare value-add opportunity that can be phased over several years.
