For Sale · Hospitality

11950 Postill Lake Road, Kelowna

11950 Postill Lake Road, Kelowna, BC V1P1A2

$1.3M total

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Asset Class

Hospitality

Size

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Building class

A

Zoning

CHY — Highway Corridor

$ / SF

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Occupancy

82%

Year Built

1940

Lot Size

7.81 ac

About this property

Tucked away in the mountains just northeast of Kelowna and only about 30 minutes from Kelowna International Airport, Postill Lake Lodge is a rare opportunity to acquire one of the Okanagan's most established and authentic lakefront resort destinations, offered as a share sale. Set on 7.808 acres of Provincial Crown land under a Commercial Recreation Lease, this off-grid resort combines a peaceful wilderness setting with a proven tourism business that has welcomed generations of guests since 1947. Accessible via a scenic 15 km forest service road, the property offers privacy, natural beauty and convenience. The resort features 13 rental accommodations, including six cottages and seven cabins, along with 34 RV and camping sites that cater to seasonal vacationers, anglers, outdoor enthusiasts and returning family guests. Postill Lake Lodge is renowned for its exceptional trout fishing, with access to six productive fishing lakes, plus swimming, boating, hiking and mountain biking. Recent investments include new docks, expanded solar infrastructure, a new 12 kW inverter, 64 kWh of lithium battery storage and a new playground. Financial statements and the full confidential information package are provided upon execution of an NDA. Call your agent. No direct contact with the property or ownership. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.30M
Down payment30% · $389K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$65K

Annual cash flow

$-7K

Cash-on-cash

-1.75%

DSCR

0.91

Going-in cap

5.02%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

132,295

Households

52,570

Median income

$92,000

Median age

45.9

Daytime population

122,547

5-yr growth

8.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 11950 Postill Lake Road, Kelowna.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.