For Sale · Hospitality

7050 Trans Canada Highway, Revelstoke

7050 Trans Canada Highway, Revelstoke, BC V0E2S0

$9.5M total

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Asset Class

Hospitality

Size

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Building class

B

Zoning

CHY — Highway Corridor

$ / SF

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Occupancy

91%

Year Built

1997

Lot Size

205 ac

About this property

An exceptional opportunity to acquire one of BC's most distinctive hospitality destinations. Ideally situated on approximately 200 acres with direct frontage along the Trans-Canada Highway, approximately 20 minutes east of Revelstoke, this established resort is being offered as a confidential share sale. Centred around its renowned natural mineral hot springs, the resort offers a diverse range of accommodations including 16 cabins. The property also features an extensive campground with a mix of serviced and non-serviced RV and camping sites, accommodating seasonal and overnight guests. Guest amenities include natural mineral hot spring pools, a full-service restaurant, gift shop, registration office, guest laundry, washroom and shower facilities, group camping area, group fire pit, picnic areas, water station, sanitation facilities, and beautifully maintained grounds surrounded by spectacular mountain scenery. Located within one of British Columbia's premier tourism corridors, benefiting from visitation driven by nearby Glacier National Park, Mount Revelstoke National Park, Rogers Pass, Revelstoke Mountain Resort, and an abundance of outdoor recreation. This established hospitality business presents multiple revenue streams, while also offering future expansion and redevelopment potential, subject to all applicable approvals. Corporate information and detailed due diligence materials are available to qualified purchasers upon execution of a Confidentiality Agreement (NDA). (id:66811)

Financial sandbox

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Estimate
Purchase price$9.50M
Down payment30% · $2.85M
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$44K

Projected NOI

$639K

Annual cash flow

$112K

Cash-on-cash

3.95%

DSCR

1.21

Going-in cap

6.72%

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

112,235

Households

49,095

Median income

$89,000

Median age

43.6

Daytime population

166,781

5-yr growth

9.4%

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

Secure deal room

Confidential diligence documents for 7050 Trans Canada Highway, Revelstoke.

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.