For Sale · Hospitality

2838 & 2866 White Lake Road, Sorrento

2838 & 2866 White Lake Road, Sorrento, BC V0E2W0

$3.4M total

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Asset Class

Hospitality

Size

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Building class

B

Zoning

CHY — Highway Corridor

$ / SF

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Occupancy

90%

Year Built

1971

Lot Size

2.44 ac

About this property

White Lake Fishing Resort presents a rare opportunity to acquire an established lakefront resort and marina operation in British Columbia's renowned Shuswap region. More than simply a hospitality business, this offering combines an income-producing resort with irreplaceable waterfront real estate, creating a unique lifestyle investment and legacy asset. The property features 38 RV sites, 10 cabins, a lodge, and direct access to White Lake, generating diversified revenue streams in a highly sought-after recreational market with strong seasonal tourism and a loyal returning customer base. Renowned for its exceptional trout fishing and boating, White Lake is considered one of British Columbia's premier recreational lake destinations, offering a peaceful alternative to many of the province's larger and more heavily trafficked lakes. A standout feature of the property is the only marina and fuel service on White Lake, providing a unique competitive advantage and essential amenity for lake users. Conveniently positioned between Vancouver and Calgary, the resort attracts visitors from across Western Canada while offering owners the opportunity to enjoy a truly unique waterfront retreat. With limited competing waterfront supply and increasing barriers to developing similar properties, White Lake Fishing Resort represents a scarce opportunity to acquire both a proven business and a generational lakefront asset. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.39M
Down payment30% · $1.02M
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$16K

Projected NOI

$196K

Annual cash flow

$8K

Cash-on-cash

0.81%

DSCR

1.04

Going-in cap

5.78%

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

125,362

Households

50,616

Median income

$132,500

Median age

36.1

Daytime population

159,697

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 2838 & 2866 White Lake Road, Sorrento.

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.