For Sale · Hospitality

7106 Main Street, Osoyoos

7106 Main Street, Osoyoos, BC V0H1V3

$11M total

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Asset Class

Hospitality

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

93%

About this property

First time on the market. An exceptional waterfront redevelopment and investment opportunity in the heart of Osoyoos. This rare offering spans four separate lots totaling approximately 2 acres (to be verified) and features two established motels plus a residential home, providing strong holding income with significant future upside. Motel One offers 29 rooms with an attached house, while Motel Two includes 34 rooms, for a combined total of 63 units. Ideally positioned on the lakefront in one of BC’s premier tourist destinations, this property benefits from high seasonal demand and outstanding long-term redevelopment potential. Opportunities of this scale, configuration, and premier waterfront location are rarely available. (id:66811)

Financial sandbox

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Estimate
Purchase price$11.00M
Down payment30% · $3.30M
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$51K

Projected NOI

$753K

Annual cash flow

$143K

Cash-on-cash

4.35%

DSCR

1.24

Going-in cap

6.84%

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

71,810

Households

25,146

Median income

$91,500

Median age

41.1

Daytime population

100,594

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 7106 Main Street, Osoyoos.

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.