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Lakeside Villa Inn & Suites 4201 Skaha Lake Rd 16 Room Hotel Penticton, BC V2A 0K4 $4,495,000 CAD ($280,938 CAD/Room) 8% Cap Rate
Investment Highlights
- All Suite Motel
- Private Barefoot's Beach Access
- Nordic Spa
Executive Summary
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.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,495,000 CAD | Lot Size | 0.92 AC |
| Price Per Room | $280,938 CAD | Building Size | 6,400 SF |
| Sale Type | Investment | No. Rooms | 16 |
| Cap Rate | 8% | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1960/2025 |
| Property Type | Hospitality | Parking Ratio | 2.97/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | ||
| Zoning | CT-1 - This zone provides for commercial visitor accommodation, entertainment and services. | ||
| Price | $4,495,000 CAD |
| Price Per Room | $280,938 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.92 AC |
| Building Size | 6,400 SF |
| No. Rooms | 16 |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2025 |
| Parking Ratio | 2.97/1,000 SF |
| Corridor | Exterior |
| Zoning | CT-1 - This zone provides for commercial visitor accommodation, entertainment and services. |
Amenities
- Spa
- Beach (direct access)
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 16 | $79.00 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
70/100
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Lakeside Villa Inn & Suites | 4201 Skaha Lake Rd
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