33% Interest in Oregon Coast Hotel

Contact Seller
Well-performing lodging asset with excellent financial history
Asking Price:
$1,275,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

Opportunity to purchase a 33% partial interest in the LLC that owns a well-performing hotel located on the Oregon Coast. Seller has provided the new buyer with a significant discount resulting in a CAP RATE of 11.2%. The hotel is currently under excellent management and has benefited from growth in revenue and net operating income year-over-year.

About the Business

Location:
Lincoln County, Oregon
Home Based:
Yes
Real Estate:
Owned
Building Sq. Ft.:
20,319
Facilities:
This 43-guestroom property has an irreplaceable 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, beachcombing, exploring tide pools and listening to the sound of ocean against the rocks along the shore. Between this motel and the beach is access to the 804 Trail - head north a short way to 8 miles of sandy beaches.
Market Outlook/
Competition:
Yachats has been known as "The Gem of the Oregon Coast" and increasing population and tourism have helped to drive hotel rate growth in the community. Tourists to this region enjoy the numerous outdoor adventures including (but not limited to) hiking along the 804 Trail, visiting Cape Perpetua, crabbing in the nearby town of Waldport, or chartering a boat for fishing or whale watching.
Contact the Seller

Listing Info

ID:
1474039
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Executive Summary & CA (410 KB)
Download



Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by
Brian Resendez, CCIM

 Show Phone Number


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.