Okanagan South Penticton Summerland BC Market Update Jan 26, 2012

Okanagan South Penticton Summerland BC Market Update Jan 26, 2012

Penticton House Sold for $160K this week – see more —–Raymond MAASKE’s Summerland & Penticton Weekly Real Estate update for Jan 19, 2012.

Penticton House Sold for $160K this week – see more —–Raymond MAASKE’s Summerland & Penticton Weekly Real Estate update for Jan 19, 2012.

LIGHT INDUSTRIAL BAY 2560 SQFT OPEN BAY, TWO 10X14 OVERHEAD DOORS at ACHESON, 16A AND 60 HIGHLIGHTS

	60 Fulton Drive Parkland County, AB T7X FOR RENT OR LEASE LIGHT INDUSTRIAL BAY IN FULTON
Home   Virtual Tour   Photo Gallery   Property Map   Financing   Request Showing   Contact Me   Raymond MAASKE Office: Call My Cell Mobile: 2504888764 Website: Visit Website	Price : 8 Square Foot : 3,069 Lot Size : 104,544 sq.ft. Community : Fullton Drive County : Canada Property Type : Rental Year Built : 1980 click for more information and pictures Property Description AVAILABLE FOR JANUARY FIRST, 2560 SQFT OPEN BAY, TWO 10X14 OVERHEAD DOORS, SHARED YARD SPACE ON THE NW CORNER OF HIGHWAY 16A AND 60 IN THE ACHESON INDUSTRIAL AREA. $ 8.00 NNN PLUS OPERATING COST. PLEASE CALL OR TEXT 1 403 861 3376 The Property is improved with a single-storey, multi-tenant, commercial/light industrial building, constructed in 1980 with an approximate footprint and total building area of 30,693 square feet. The building is constructed with a cast-in-place concrete slab-ongrade with a steel frame support structure supporting a steel roof deck. Asphalt surfaced parking areas are located on the north portion of the site with parking provisions for approximately 64 vehicles. In addition, gravel surfaced parking is also provided on the south portion of the site for approximately 26 vehicles. A chain linked fence encloses the gravel surfaced storage area on the south portion of the site. Vehicular access is provided by one entrance from Fulton Road on the east portion of the site. Industrial Park subdivision at the northwest corner of Hwy. 16A and the Devon Hwy. Direct access is available from the Devon Hwy., which extends along the east boundary of the subdivision Features List ONE STORY 90 STALLS 2.9 SPACES /1000 SQ Located in the Ellis Industrial Park Secured outside
Equal Housing Opportunity.	Home Star Realty : 5707 Impett Place – Summerland BC V0H 1Z4 : Call My Cell

HIGHLIGHTS

• Located in the Ellis/Acheson
• Industrial Park subdivision at the northwest corner of Hwy. 16A and the Devon Hwy.
• Direct access is available from the Devon Hwy., which extends along the east boundary of the subdivision
• Secured outside storage area

The Property is improved with a single-storey, multi-tenant, commercial/light industrial building, constructed in 1980 with an approximate footprint and total building area of 30,693 square feet. The building is constructed with a cast-in-place concrete slab-ongrade with a steel frame support structure supporting a steel roof deck. Asphalt surfaced parking areas are located on the north portion of the site with parking provisions for approximately 64 vehicles. In addition, gravel surfaced parking is also provided on the south portion of the site for approximately 26 vehicles. A chain linked fence encloses the gravel surfaced storage area on the south portion of the site. Vehicular access is provided by one entrance from Fulton Road on the east portion of the site.

LIGHT INDUSTRIAL BAY 2560 SQFT OPEN BAY, TWO 10X14 OVERHEAD DOORS at ACHESON, 16A AND 60 HIGHLIGHTS

Most real estate professionals agree that buyers should consider purchasing the least expensive house in the neighborhood and improve it. This home-improvement strategy will yield the most value and potential appreciation for a buyer’s real estate investment.  There are LOTS of options in the market right NOW!

Gentrification is a process in which a neighborhood is transformed from low-value to high-value properties. This occurs when affluent buyers purchase and rehabilitate older urban properties creating a revitalization cycle. The resulting increases in housing prices sometimes lead to displacement of long-time neighborhood residents.

January 23^rd Vernon BC

The Prestige Inn

6:30pm registration 7:00pm start

January 24^th Kelowna

Hotel Eldorado

6:30pm registration 7:00pm start

January 25^th Penticton

Penticton Lakeside Resort

6:30pm registration 7:00pm start

Special Guest Speakers

Stephen Johnston 

Founder and Chief Investment Officer for AgCapita and PetroCapita

Click here to view the PetroCapita Website      

Click here to go to the AgCapita Website 

Stephen has been featured in many a publications such as Fortune Magazine, The Globe and Mail, The Wall Street Journal, Rolling Stone, and Canadian Business Magazine.  Stephen will be offering a look at myths versus facts on what he believes has caused the Global Recession and offers an interesting perspective to what the future may look like and how investors can potentially profit.  Don’t miss this opportunity to see Stephen Johnston.

Go Here to see an interview featuring Stephen on BNN

http://watch.bnn.ca/#clip423744

Munir Virani, CA Chief Executive Officer for West Point Capital

Click Here to go to the West Point Capital Website

Munir is generally credited with the unique “Investor paid first” concept around which the capital management strategy of Westpoint was built.

He has served as the Director of Finance for a large national retailer where he was responsible for taxation, treasury and financial reporting of a consolidated group of companies with revenues in excess

of $1.2 billion per annum. 

Go Here to see an 7 minute marketing video on their Company

• Insure your seating today!
• Seats are free, but limited.
• Call 250.276.5424 or RSVP at samantha@agilityfinancial.ca 

HOSTED BY

Agility Financial                       www.agilityfinancial.ca

Twin View Financial              http://www.twinviewfinancial.ca/

and Raintree Financial Solutions       http://www.raintreesolutions.net/

 Jan 12/12 Summerland, Penticton Okanagan BC Weekly Market Update – Raymond MAASKE – Home Star Realty

South Okanagan Monthly and Annual Real Estate Statistics December 2011 and Year to Date Market Review by Raymond MAASKE – Home Star Realty

Osoyoos was the big winner in December with reports sales (dollar value) up 933%!  December 2010 there was only 1 sale, December 2011 10 sales.  However, for the year Osoyoos is about even on units sold but values continued to fall.

Overall, the big winner in 2011 has been Summerland giving a strong finish to 2011 with a 200% increase in the number of units sold over December 2010.  This translated into a 295% increase in dollar value of properties sold.  Summerland’s average sales price per unit dropped for the year 2%, which was greatly helped by the 32% increase for December 2011 over 2010. 

Penticton’s prices have risen 4% for the year while sales have dropped by about the same.

If some or all of this does NOT make sense feel free to contact me and I can explain what it means in other terms.  If you want to watch the video report or a copy of the full report go to:  http://www.homestarrealty.ca/MARKET_UPDATE/page_2288466.html

Have a great day and here is to a great year!