375 Rainbow Lake Road, Princeton
375 Rainbow Lake Road, Princeton, BC V0A1W0
$13M total
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Asset Class
Hospitality
Size
—
Building class
C
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
88%
Year Built
1995
Lot Size
108 ac
About this property
Discover a one-of-a-kind hospitality property nestled in the scenic hills of Princeton, BC. The Princeton Castle Resort features a collection of cabins, chalets, and lodge suites surrounded by natural beauty and historical charm. With steady tourism traffic year-round and close proximity to Highway 3, this turnkey resort offers tremendous potential for expansion, event hosting, and long-term investment growth. A truly unique opportunity to own a landmark property in the heart of BC's interior. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$60K
Projected NOI
$697K
Annual cash flow
$-23K
Cash-on-cash
-0.60%
DSCR
0.97
Going-in cap
5.36%
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
121,069
Households
53,381
Median income
$107,000
Median age
31.9
Daytime population
137,090
5-yr growth
4.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 375 Rainbow Lake Road, Princeton.
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.