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Educational Facility in the Okanagan...$9,500,000...NEW



* This image may not be a representation of the actual property for sale

Listing Type Commercial
Price $9,500,000
Cap Rate call for details
Land Area 17 Acres
Building Area 40,000 Sq. Ft.
Zoning Zone-I Institutional
Type of Sale Asset


Description:

Unique Institutional opportunity to purchase a state of the art educational facility.  

Built on a spacious 17 acre campus, the 40,000 sq.ft meticulously maintained facility houses 17 classrooms including an art room, library, science room, computer lab as well as two preschool/daycare classrooms, drama room and stage, large music room with 3 sound-proof lesson rooms. A 10,000 sq.ft gymnasium features 3 basketball courts, indoor climbing wall, equipment room and separate fitness gym.

The campus could support curriculums as varied as art and academic, trades and technical training, as well as, major sports training programs.

The school grounds offer a diverse terrain with the possibility of a wide variety of outdoor recreational activities, including: an international size playing field, a fitness trail that runs the perimeter of the property, a multi-purpose court, a mountain bike park, playgrounds and outdoor sports. The site provides a secure and private location close to major population centers and airports


Growth/Expansion:

The potential to expand the current facilities lies at the heart of the value in this property, including new teaching spaces, sports facilities, construction of modern dormitories and student housing.