2072 Falcon Road
Kamloops, British Columbia
Building
Stats
- Property Type Land - Multifamily
- Size (Ac) 1.76
- Price $11,000,000 CAD
Overview
The Avison Young Multi-Family Team is pleased to
offer for sale 2072 Falcon Road, Kamloops, BC (the “Property”). The Property comprises a 1.76-acre residential development site in the Valleyview neighbourhood of Kamloops, BC. The City of Kamloops has shown support for mid-rise development on the Property in the form of a 5-6 storey residential rental development with retail uses at grade (please see data room for preliminary plans and drawings). This offering presents a developer with an opportunity to acquire a large scale development site in a supply constrained, rapidly growing and highly desirable market. Additionally, the Vendor will offer a leaseback scenario providing holding income through the development planning process (please contact listing agents for details).
