Name: Hotel Eldorado
Address: 500 Cook Road, Kelowna, BC
Sold Date: June 2014
Number of Rooms: 53
Land Size: 1.38 acres
Year Built: 1989
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Hotel has significant non-hotel income from its marina. The ‘El’ was purchased from Jim Nixon by Argus Properties Ltd., a Kelowna company that owns numerous properties. The Eldorado has a long history in Kelowna, going back to 1926 when it it was built by Austrian Countess Bubna Littite. The countess envisioned a vacation destination for well-to-do Vancouver families and European visitors to indulge in luxuries they had grown accustomed to.
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