Kelowna Okanagan BC Hotel Motel For Sale Appraiser Realtor

Hotel Eldorado in Kelowna was Sold in 2014

Phone: 1.800.592.1349
E-mail: [email protected]
Address: 129 Nanaimo Ave W, Penticton, BC

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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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Overview:

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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