Lakefront Condo in Summerland Hotel - $85,000

Court Ordered Sale (Contingent upon court approval as the unit is in foreclosure).

Take advantage of this opportunity to not overstay your welcome... All Okanagan residents know where the family is staying for the summer!! Give your exhausted Okanagan hosts a break and don't break the bank with Okanagan hotel pricing.

Have you lived in the Okanagan so long that your land has appreciated and the couch surfer wino's could use room service?? Send them to your get away unit at the Summerland Resort.

Own your own piece of Summerlands only lakefront resort. Waterfront has never been this affordable. Enjoy your clean vacation home or give your house guests a hint.

The Local Lounge is a huge hit and offers waterfront dining, its success could hit home for you! Park your boat and slip in for a drink before you relax in the spa.

Hit the clean waterfront gym and sauna. Enjoy the outdoor waterfront pool, 2 hot tubs. A nice spa to relax and paint those toes. Meeting rooms are rented out for functions such as weddings and christmas parties. A coffee shop, 2 beach areas and day moorage. Enjoy your very own freehold title unit at the Summerland Waterfront Resort.

This hotel style complex allows owners 180 days of the year usage, 60 days in the prime season, 120 days out of prime. Remainder of time the units are rented out. Please book your time well in advance, 1 yr.

Financial statements are uploaded in the strata documentation.  Please read them and let me know if this is your new vacation home. Due to the nature of the purchase please understand summers in Summerland are busy you will need to contact me as immediate access may not be granted if the unit has guests.

Please see your bank for a pre-approval specific to the nature of this sale. This unit is in foreclosure and a standard pre-approval for a condo/home may not apply.Current financials do not offer cash flow. Monthly maintenance fees of $264/month are payable and currently not covered by any income from the units. All offers are presented at court once a date is triggered and at that time all cash offers can be presented.

Althouh this hotel is really coming together as it is fairly new keep in mind that there is no guarantee of a rental income nor expectation at this time. All offers subject to court approval and have a Schedule A. "as is where is" for inclusions. Please contact Dori for a copy.

 Have your very own piece of paradise. Stay a night see what it has to Offer.