









1/115133 7th Avenue, Okanagan Falls, BC V0H1R9
$3.5M total
—
Asset Class
Hospitality
Size
—
Building class
C
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
98%
Lot Size
1.32 ac
Exceptional hospitality and redevelopment opportunity in the heart of the South Okanagan. The Holiday Beach Resort Motel is currently leased that features 24 well-maintained guest rooms, most equipped with private ensuites and kitchenettes, making it an attractive destination for both short- and extended-stay visitors. Property is currently Leased. Situated on a generous 1.32-acre site directly across from Christie Memorial Park and just steps from the sandy shores of Skaha Lake, this prime property offers an unbeatable location in one of British Columbia's most desirable recreational communities. An onsite caretaker residence provides added convenience for owners and operators. With Okanagan Falls expected to become an incorporated municipality in October 2026, this property is well positioned to benefit from the area's continued growth. The expansive site offers significant redevelopment potential, including excess land that may accommodate increased density, making it an outstanding opportunity for investors and developers alike. Property Highlights: 24-room motel 1.32-acre site Well-maintained guest rooms, most with ensuite bathrooms and kitchenettes Caretaker residence onsite Prime location directly across from Christie Memorial Park and steps to Skaha Lake Excess land offering redevelopment and future density potential Excellent investment opportunity in a growing South Okanagan community (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$16K
Projected NOI
$254K
Annual cash flow
$59K
Cash-on-cash
5.61%
DSCR
1.30
Going-in cap
7.22%
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
65,375
Households
29,238
Median income
$121,000
Median age
38.5
Daytime population
71,415
5-yr growth
8.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5133 7th Avenue, 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.