Eek Homestead Portfolio Rock Creek, BC
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FOR SALE Eek Homestead Portfolio Rock Creek, BC Prepared by: MURRAY WILLS Personal Real Estate Corporation Vice President 250 861 8133 [email protected] ROCK CREEK ROCK P. 2 Offering PROCESS Sale Process All six titles are to be sold together. Prospective purchasers are invited to submit Offers to Purchase the Property through Colliers for consideration by the Vendor. Any Offer to Purchase the Property (the “Offer”) is to be submitted to Colliers on either the Vendor’s form of Purchase and Sale Agreement, Letter of Intent, or such other form selected by prospective purchasers. There is no list price - it will be incumbent upon each prospective purchaser to complete their own due diligence and determine their own value and offering price. Review of Offers All Offers to purchase the Property will be evaluated based upon, but not limited to, the structure proposed by the prospective purchaser, the net proceeds to the Vendor, the prospective purchaser’s ability to complete the transaction, the timeliness and proposed conditions of closing, if any. The Vendor will negotiate with the prospective purchaser(s) whose purchase proposal is judged to be most attractive to the Vendor, in its sole and absolute discretion. The Vendor is not obliged to accept any Offer and reserves the right to reject any or all Offers received. At any time prior to entering into an Offer, the Vendor may request additional information from prospective purchasers. Failure to provide such information on a timely basis may result in the termination of discussions. The Vendor reserves the right to end the sale process in respect of the Property or to cease discussions with any and all prospective purchasers at any time prior to accepting an Offer, without notice or liability. For further information or to submit a proposal, please contact: COLLIERS INTERNATIONAL MURRAY WILLS 304-546 Leon Avenue Personal Real Estate Corporation Kelowna, BC V1Y 6J6 Vice President 250 861 8133 TEL: 250 763 2300 FAX: 250 763 2304 [email protected] www.collierscanada.com Offering PROCESS Disclaimer Neither the Vendor nor Colliers, nor any of their respective affiliates, directors, officers, shareholders, employees, agents, solicitors, accountants, advisors or other representatives, makes any representations, declarations or warranties, express or implied, as to the accuracy or completeness of the information or statements contained herein or of any other information provided or statements made by Colliers, the Vendor or their agents, and such material, information, or statements should not be relied upon by prospective purchasers without independent investigation and verification. This Information Package does not purport to be all-inclusive or to contain all the information that a prospective purchaser may require in analyzing the Property. All materials, information or statements are provided as a convenience to prospective purchasers only. The Vendor and Colliers and their respective affiliates, directors, officers, shareholders, employees, agents, solicitors, accountants, advisors and other representatives expressly disclaim any and all liability for any errors or omissions contained herein or in any other oral or written communications given or made available to prospective purchasers. This Information Package is not, and under no circumstances is it to be construed to be, an offering of securities, a prospectus, a public offering or an offering memorandum as defined under applicable securities legislation. No securities commission or regulatory authority in Canada, the United States of America or any other country has in any way passed judgment upon the merits of the opportunity to acquire the Property or the accuracy or adequacy of this Information Package. The Vendor and Colliers reserve the right to withdraw, amend or replace all or any part of this Information Package at any time and undertake no obligation to provide prospective purchasers with access to any additional information, other than as contemplated by the Vendor’s form of Offer. In all cases, prospective purchasers should conduct their own investigation and analysis of the Property. Any sale of the Property will be subject to the terms of an accepted Offer, which will supersede all prior communications, including this Information Package. P. 4 Property OVERVIEW CIVIC ADDRESS: Rock Creek Bridesville Road, Rock Creek BC SL2 SIMILKAMEEN DIVISION YALE DISTRICT; DISTRICT LOT 621S SIMILKAMEEN DIVISION YALE DISTRICT; DISTRICT LOT 1491S SIMILKAMEEN DIVISION YALE LEGAL DESCRIPTIONS: DISTRICT; DISTRICT LOT 2981 SIMILKAMEEN DIVISION YALE DISTRICT; DISTRICT LOT 2984 SIMILKAMEEN DIVISION YALE DISTRICT; DISTRICT LOT 3590S SIMILKAMEEN DIVISION YALE DISTRICT; PIDS: 011-777-109, 014-787-628, 014-992-647, 014-992-639, 015-207-102, 015-229-661 The subject parcels are located just South-West from the Crowsnest Highway 3 in Rock LOCATION: Creek. LOT SIZE: DISTRICT LOT SL2 135.88 ACRES DISTRICT LOT 621S 142.55 ACRES DISTRICT LOT 1491S 124 ACRES DISTRICT LOT 2981 319 ACRES DISTRICT LOT 2984 240 ACRES DISTRICT LOT 3590S 51.1 ACRES TOTAL: 1,012.5 ACRES P. 5 Property OVERVIEW PROPERTY ATTRIBUTES Made up of six separate titles, each lot is contiguous to form a single block of land totaling approximately 1,012 acres. In general terms, the property is a mixture of rolling hills, valleys, forested timber lands and pasture/grazing lands. Approximately 40% of the land area is treed with merchantable timber. The timber has been surveyed and it was determined to contain approximately 30,000 cubic meters of timber, worth an estimated $3.6 million at current market price. The remaining 60% of the land area is grazing and farmable lands. The completely fenced private range offers nutritious variations of grass with very little invasive species of plants and weeds and is very much in demand for grazing. As with any agricultural lands, water is key for irrigation and livestock. Throughout the property there have been wells drilled with solar powered pump stations installed providing good water flows all year round. In addition to the wells, there are creeks running through the property and there is access to natural springs on site for irrigation and livestock. THE OPPORTUNITY To purchase one of the last remaining homesteads in the Boundary Region that remains virtually untouched and very much in the same state as it was over a hundred years ago. Those that walk the site consider this property and the history behind the Homestead, to be priceless. The value of the standing timber, if sold could be used to offset the purchase price. Fulfill your own dream of homesteading. Build your dream home on any one of several beautiful building sites with awe inspiring views of surrounding Monashee mountains and valleys. Get close to nature with an abundance of wildlife and fauna native to this area. Some of the best hunting and fishing locals are found throughout this region. P. 6 Property OVERVIEW MAP OF BRITISH COLUMBIA ROCK CREEK P. 7 Property OVERVIEW SOUTHERN BC KELOWNA EDGEWOOD PENTICTON OLIVER ROCK CREEK CHRISTINA OSOYOOS GRAND FORKS MIDWAY LAKE P. 8 Property OVERVIEW ROCK CREEK, BC HIGHWAY 33 ROCK CREEK CROWSNEST HIGHWAY HIGHWAY 3 ROCK CREEK BRIDESVILLE ROAD P. 9 Property OVERVIEW AERIAL VIEW DL 621S SL2 DL 1491S DL 2981 DL 2984 DL 3590S P. 10 Regional OVERVIEW ROCK CREEK Located in Boundary Country on Highway 3 between Osoyoos and Midway, this community of 300 residents was once a gold and silver mining ‘boomtown’, which over the years has settled into an economy that revolves around agriculture and forestry. > Rock Creek is situated at the Junction of Highway 33 and Highway 3. It is 18km west of Midway, 50km east of Osoyoos and 135km south of Kelowna, close to the US border. > Businesses are locally owned and operated, while many other professionals live in the area and travel for work. Businesses include farm and industrial supplies, golf course, antique shop, fruit stand, restaurants, accommodations, pub/hotel, convenience store and more. > The local economy is primarily made up of agriculture, forestry, tourism and ranching. HISTORY A series of major and minor gold rushes began in Rock Creek in 1859 and continued throughout the area over the next 10 years, resulting in a sudden influx of more than 5,000 miners. The Rock Creek Gold Rush was a gold rush in the Boundary Country region of the Colony of British Columbia (now part of a Canadian province). The rush started in 1859 when two US soldiers were driven across the border to escape pursuing Native Americans and chanced on gold only three miles into British territory, on the banks of the Kettle River where it is met by Rock Creek. Governor James Douglas quickly ordered the rapid construction of the now-famous Dewdney Trail, which stretches from the coast to the gold field just north of the border. The 720 kilometre trail was built to connect mining camps together during the establishment of the British Colony of British Columbia during the mid-19th century. Rock Creek became the supply centre for the Boundary Country. When bigger strikes occurred in the Okanagan and the Cariboo, the miners left, but an important trade route remained. Later, as copper, silver, lead, and zinc ores were being mined in large amounts, the Kettle Valley Railway, a branch line of the Canadian Pacific Railway, was built so that ore and smelter traffic would remain in Canada instead of being shipped to the US, as had previously been the case. One of Canada’s most historic and scenic railway routes, the Kettle Valley Railway ran past Rock Creek, operating between 1916 and 1973. After the initial mining boom, residents of Rock Creek began to develop an economy in agriculture, forestry, and ranching - all of which remain the mainstays of the local economy today. Some of the finest blue ribbon livestock in British Columbia is now raised in Rock Creek and the surrounding area.