For Sale · Hospitality

1509 LAFONTAINE Road, Golden

1509 LAFONTAINE Road, Golden, BC V0A1H3

$2.1M total

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Asset Class

Hospitality

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

91%

Year Built

1989

Lot Size

1.99 ac

About this property

An exceptional opportunity to acquire Whitewater Lodge, a turn-key lodge in the spectacular four season destination of Golden, BC. Set on approximately 1.99 acres with C3 zoning, the property is located within the Town of Golden while enjoying the peaceful feel of a rural setting, with stunning mountain views from every corner. All 10 guest rooms feature private ensuites, creating a comfortable and inviting experience for visitors. The beautifully crafted log cabin showcases a warm, thoughtfully decorated interior with rich natural wood and mountain-inspired furnishings. A spacious master suite provides comfortable accommodation for an owner-operator, complemented by a well-outfitted kitchen designed for the needs of the business. The property is further enhanced by a three-car garage, an additional two-car garage and multiple outbuildings, offering excellent functionality, storage and flexibility. Ideally positioned for year-round tourism, Golden provides access to world-class skiing, hiking, mountain biking, rafting, climbing and some of Canada's most spectacular national parks. Golden Skybridge is also nearby, adding another major attraction to the property's appeal. The generous land parcel presents potential for additional guest cabins or complementary accommodations, subject to approvals. A truly special opportunity for an owner-operator, hospitality investor seeking an established property with character, privacy and room for future growth. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.10M
Down payment30% · $630K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$145K

Annual cash flow

$29K

Cash-on-cash

4.56%

DSCR

1.25

Going-in cap

6.91%

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

94,525

Households

42,391

Median income

$103,000

Median age

31.8

Daytime population

142,375

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 1509 LAFONTAINE Road, Golden.

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.