For Sale · Hospitality

5133 7th Avenue, Okanagan Falls

5133 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

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.52M
Down payment30% · $1.06M
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 5133 7th Avenue, Okanagan Falls.

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.