Second phase of major Penticton condo project goes on sale this summer
The first, 96-unit phase of a major Penticton condo project called Sokana sold out in 72 hours.
Kerkhoff Develop-Build announced today, July 12, that the second phase with 138 units will go on sale this summer.
“Penticton's appeal as a top investment opportunity continues to grow, and we are excited to offer buyers a chance to be part of this amazing community,” Bruno Jury, vice-president of development for Kerkhoff Develop-Build, said in a news release. “The success of Sokana's first release showcases the strong demand and appreciation for quality homes in Penticton."
The six-storey buildings on Riverside Drive offer a mix of one to three-bedroom units that the release says will appeal to residents and investors since short-term rentals will be allowed.
The complex includes an outdoor pool, hot tub, co-working space and fitness centre.
READ MORE: Penticton may be the next Okanagan hot spot
"The overwhelming response from buyers has been truly remarkable,” Shane Styles, president of Epic Real Estate Solutions that is marketing the project, said in the release. “They are not only thrilled with the location and resort-style amenities of Sokana but also keenly aware of the tremendous potential that Penticton holds as a highly sought-after destination. The demand for homes in this vibrant community is a testament to the allure of Penticton's unique lifestyle and investment opportunities."
“With the groundbreaking sell-out of Sokana’s first release and plans announced for the release of the final building, Penticton solidifies its position as a top choice for real estate investment in 2023.”
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