ABOUT THE PROPERTY
The 33% partial interest in this Central Oregon Coast Hotel is an opportunity to make a passive (hands-off) investment in a tangible lodging asset with an excellent financial history and expected long term growth.
This 43-guestroom property has an excellent beachfront location with unencumbered views of the Pacific Ocean. Located off US Hwy 101, this property sits on a shelf just above sea level where significant marine life activity is in view for most of the year. This includes whale watching, beach-combing, exploring tide pools and listening to the sound of ocean against the rocks along the shore. Increasing population and tourism have helped to drive hotel rate growth in community.
CAP Rate: 11.3 %
Lot Size: 3.16 Acres
Guestrooms: 43 Rooms
Year Built: 1967 with additions in 1977 & 1990
Market: Central Oregon Coast
THIS IS A CONFIDENTIAL SALE AND WE RESPECTFULLY REQUEST THAT ALL INQUIRES BE ADDRESSED THROUGH BRIAN RESENDEZ. PLEASE DO NOT ENGAGE EMPLOYEES OR INTERRUPT NORMAL BUSINESS OPERATIONS.
For a full property Offering Memorandum including financials, please register: