HOME:
Paul Lake Waterfront and Waterview leased mobile home. Cheap alternative to waterfront living; live on the waterfront for a fraction of the price. 15 minutes west of Kamloops. About ½ acre (one of the largest lots). Comes with usable updated mobile, shop, outbuildings. Updates include but are not limited to: new skirting, new screened in back deck to view the lake, washer/dryer hook-up, which includes washer/dryer, interior painting, air conditioning. Heat is propane forced air furnace. Ideal as a recreational or permanent home.

LEASE:
This is leased land from the Kamloops Indian Band (KIB). KIB lease $4600 per annum. 2008 taxes $1460. The annual Crown Lease fee is based on 3% of the annual assessed land value. The lease expires in 2017. There has been no problem in obtaining a new lease for a 25 year period from the date of renewal for a fee of $500(Upon contract to purchase, and at our cost, we will be happy to renew lease for new owners for another 25 years). Prospective buyers should make inquiries with the KIB regarding any inquiries pertaining the lease, and the assignment process.

LAKE/SURROUNDING AREA:
The lake is very attractive and about 6 kilometres long. The ice is on the lake from late November till April 15th (the residents bet on this!). This is a recreational lake and areas (hiking trails, ATVing, fishing, boating, water skiing, ice-fishing, ski-dooing etc.). The area is quite stable and many people live at the lake and work in Kamloops. The band is a major commercial landlord and operates a golf course and an upscale housing development near Paul Lake.

SALE CONDITIONS:
Sold "as is". The condition of the mobile, outbuildings, well, septic & utilities are sold "as is". ONLY PRE-APPROVED BUYERS PLEASE. It is the responsibility of any interested buyers to do their own due diligence and detailed research regarding the lease and future use or development of the mobile, outbuildings, well, septic, utilities, etc.