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Suite of tools & services
Benefits
Asking Price
$2,500,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
The Leland Hotel: a captivating piece of history nestled in the heart of Nakusp, BC. This cherished gem presents 21 uniquely appointed rooms, each offering a glimpse into the past and a canvas for the future. Perched above the tranquil Arrow Lake, an expansive 80-seat deck commands awe-inspiring panoramic views, setting the stage for unforgettable moments. Emanating a timeless charm, The Leland Hotel exudes an ambiance that's reminiscent of a bygone era. While some restoration is needed, the property's weathered elegance hints at its former grandeur. Original architectural details stand as a testament to craftsmanship that stood strong through time, ready to be reimagined for modern comfort. A 60-seat restaurant, a lively 107-seat pub beckons camaraderie and good times, a beloved local spot brimming with potential. For convenience or additional income stream a one bdrm house is located on the premises. As the gateway to Nakusp's captivating outdoor adventures, this property offers a lifestyle that transcends ordinary living. From hiking and fishing to exploring natural hot springs, this area is a haven for those seeking an authentic connection with nature. Seize this moment to own not just a property, but a legacy. The Leland Hotel beckons you to be a part of its storied history, to restore its timeless charm, and to shape its vibrant future. Contact us today to embark on this extraordinary journey. (id:39198)
Location
Province
British Columbia
City
Nakusp
Address
92 4th Avenue
Postal Code
V0G1R1
Location Highlights
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Listed by
Fair Realty British Columbia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
5,427
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$2,500,000
Asking Price
$2,500,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
5,427
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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