Entire BC Town For Sale

    NEW WESTMINSTER, BC, Sept. 13 /PRNewswire/ - It's not every day that an
 entire town goes up for sale, but that is exactly what's happening with
 Kitsault, British Columbia. The price? Offers in the $7,000,000 range are
 expected.
     Located 500 air miles north-west of Vancouver, and a 3.5 hour drive north
 of Terrace, Kitsault was once a thriving coastal community on the shores of
 the Alice Arm fjord. The town is surrounded by snow-capped mountains and is
 situated on approximately 1.5 miles of ocean front. It has been vacant since
 the early 1980s when a nearby molybdenum mine shut down. A caretaker and his
 wife are the only residents who remain.
     The Kitsault town site consists of over 322 acres on eight titles. It
 includes approximately 90 houses and duplexes, seven apartment buildings
 (which contain a combination of over 200 bachelor, one and two bedroom units)
 over twenty foundations for double wide mobile homes, a shopping centre, two
 recreation centres, a hospital, a large works yard and a local dock.
     The 22,000 square foot shopping centre has premises suitable for a
 grocery store, liquor store, bank, hardware store, restaurant, post office,
 and other specialty stores. Together, the two recreation centres include a
 swimming pool, hot tub and whirl pool, locker rooms, gymnasium, a library,
 curling rink, and even the Maple Leaf pub. The Kitsault General Hospital is
 equipped with X-ray diagnostic equipment, operating equipment, examination
 room, waiting/reception area and a suite to house visiting physicians and
 dentists.
     Throughout Kitsault, all utilities including telephone and cablevision
 have been installed underground. Pavement, curbs and landscaping have enhanced
 the human engineered aspects of the town site. There is even a complete sewage
 system with lift stations and sewage treatment plant.
     "This is a spectacular location and the potential uses for Kitsault are
 virtually limitless," says Rudy Nielsen, President of Niho Land & Cattle
 Company. "It could be revitalized as a destination resort or vacation retreat
 or maybe a cruise ship facility. A buyer could subdivide the property and sell
 recreational homes. The water, the mountains, everything is here - even a good
 sized town. With a little TLC, anything is possible."
     Except as to title, the town will be sold on an "as is" basis. Potential
 purchasers will have to satisfy themselves as to the accuracy and completeness
 of all information concerning Kitsault before submitting offers.
 
     LandQuest Realty Corp. (www.landquest.com) has been retained to sell the
 Kitsault town site. LandQuest is an affiliate of Niho Land & Cattle Company,
 the marketing agent.
 
     Niho Land & Cattle Company (www.niho.com) is a family owned company
 established in 1972 by Rudy Nielsen. The company's purpose, to this day, is to
 acquire, market and sell their own recreational and investment properties
 throughout British Columbia utilizing Nielsen's expertise. Niho Marketing
 Strategy and Consultation was formed in 1988 and specializes in marketing
 subdivisions and large real estate projects throughout British Columbia.
 
     CONTACTS:
 
     Rudy Nielsen
     Niho Land & Cattle Company
     Marketing Strategy & Consultation
     (604) 606-7900
 
     Brian Harris
     Sales
     LandQuest Realty Corp.
     (604) 664-7636
 
 

SOURCE Niho Land & Cattle Company

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