4201 Skaha Lake Rd - Hospitality FOR SALE


Penticton, BC V2A 0K4
$4,495,000 CAD
778-946-5316
4201 Skaha Lake Rd, Penticton, BC for Sale
$4,495,000 CAD
Hospitality - FOR SALE
1/70
null | 8% Cap Rate

4201 Skaha Lake Rd
Penticton, BC V2A 0K4


HIGHLIGHTS

  • All Suite Motel
  • Nordic Spa
  • Private Barefoot's Beach Access

OVERVIEW

This premier boutique all suite room motel and Nordic Spa represents a rare investment and lifestyle opportunity with direct proximity to Skaha Lake’s popular beachfront. Located at 4201 Skaha Lake Road in Penticton, the property offers convenient guest underpass access to Barefoot's private beach, positioning it as a turnkey operation in one of the Okanagan Valley’s most desirable tourist and recreational destinations. The improvements consist of 16 well-appointed guest suites plus managers suite, many featuring full kitchens, modern appliances, premium bedding, and private balconies or patios, alongside a Nordic Spa component that enhances the guest experience with wellness amenities. The listing price reflects a competitive and well-supported offering that delivers an attractive going-in cap rate in the mid-to-upper 8% range (based on current stabilized NOI performance), which is compelling relative to broader Okanagan and BC motel/hospitality benchmarks. This provides investors with solid cash-on-cash returns alongside meaningful upside from further operational efficiencies, spa expansion, or repositioning in a market where quality lakeside product remains scarce.

FOR SALE DETAILS

PRICE

$4,495,000 CAD

PRICE/SF

$702 CAD /SF

# OF ROOMS

16

PRICE/ROOM

$280,938 {currency}

CAP RATE

8%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakeside Villa Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

CT-1

APN/PARCEL ID

009-151-958

ASK ABOUT THIS PROPERTY

Steve NicholsonMacDonald RealtyMore Info
778-946-5316

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Steve NicholsonMacDonald RealtyMore Info
778-946-5316

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.