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$1.6M total
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Asset Class
Hospitality
Size
—
Building class
A
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
100%
Lot Size
0.52 ac
Host guests and live on site at Whistling Swan Manor, a stately Invermere property purpose-built as a traditional bed and breakfast. Classic European design and old-world craftsmanship set the tone for five spacious guest suites, each with a private ensuite and lake and mountain views. Two upper-level lounges give guests room to unwind or mingle, while the generous kitchen makes breakfast service and group gatherings easy. In summer, serve breakfast al fresco on the expansive deck. In ski season, the dedicated gear room with drying station is a welcome perk after a day at Panorama. The private 1,950 sq. ft. innkeeper’s residence includes three generous bedrooms, a full bathroom, a large kitchen and a walkout to the manicured grounds. With guest and owner spaces already built in, this property offers the chance to create an upscale Columbia Valley getaway and make it your full-time home. Provided you live on site and provide guests with one meal option per stay, you will not fall under the same regulations and costs associated with the RDEK Short Term Rental requirements. B&B operation is subject to applicable zoning and licensing requirements. (id:66811)
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Monthly debt service
$7K
Projected NOI
$134K
Annual cash flow
$45K
Cash-on-cash
9.45%
DSCR
1.51
Going-in cap
8.38%
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.
Trade area within 3 miles of the property.
Population
80,165
Households
35,661
Median income
$100,500
Median age
44.7
Daytime population
132,920
5-yr growth
5.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 456 Lakeview Road, Invermere.
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.