









1/111045 Highway 97, Okanagan Falls, BC V0H1R4
$3.1M total
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Asset Class
Hospitality
Size
—
Building class
B
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
87%
Lot Size
0.59 ac
Rare opportunity to acquire a fully leased hospitality investment in the heart of Okanagan Falls. This established 18-room hotel and restaurant has been a fixture in the community for years and offers immediate income with an existing lease in place. Situated on a 0.589-acre parcel with outstanding frontage on Highway 97, the South Okanagan's primary transportation corridor, the property benefits from excellent visibility and year-round exposure. The hotel rooms have been recently renovated with updated furnishings, enhancing the property's appeal and long-term value. With Okanagan Falls expected to become an incorporated municipality in October 2026, the community is entering an exciting period of growth and investment. Highlights: • Fully leased investment property with immediate cash flow • Established hotel and restaurant • 18 renovated guest rooms • 0.589-acre site • Prime Highway 97 location with excellent exposure (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$14K
Projected NOI
$173K
Annual cash flow
$2K
Cash-on-cash
0.27%
DSCR
1.01
Going-in cap
5.62%
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
73,555
Households
27,414
Median income
$117,000
Median age
35.2
Daytime population
77,805
5-yr growth
5.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1045 Highway 97, Okanagan Falls.
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.