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For Sale · Hospitality

5000 Highway 93 Highway, Radium Hot Springs

5000 Highway 93 Highway, Radium Hot Springs, BC V0A1M0

$1.7M total

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Asset Class

Hospitality

Size

—

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

86%

Year Built

1969

About this property

Radium Hot Springs - Celadon Lodge - 16 unit Lodge + owners / managers residence located centrally in Radium's accommodation corridor as you enter this famous resort municipality. This lodge has been renovated from top to bottom ( $500K + thousands of man hours) making it ready to be up and running in high gear as soon as you own it. If you have dreamed of living in the Columbia Valley but did not know how to support yourself, this is your golden opportunity. Three years of rock solid financials (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.70M
Down payment30% · $510K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$89K

Annual cash flow

$-5K

Cash-on-cash

-1.07%

DSCR

0.94

Going-in cap

5.22%

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

46,352

Households

18,790

Median income

$119,000

Median age

36.4

Daytime population

44,781

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for 5000 Highway 93 Highway, Radium Hot Springs.

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.