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Listed by Pacific Properties • 541-290-9597
$ 1,800,000
Est. payment | /mo
1.13 Acres Lot
$ 1,800,000
Est. payment | /mo
1.13 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24393653
Year Built 1949
Annual Tax Amount $4,457
Lot Size 1.130 Acres
Property Description
UPDATED & REBRANDED IN 2022, this STYLISH Boutique Motel & RV Park is a TURNKEY, PROFITABLE operation that's immaculately maintained & ready for new ownership. The b.side motel+rv features 10 UNIQUELY CURATED rooms (each w/its own private bath), offering a perfect blend of MODERN & VINTAGE style. Guests enjoy COMFORTABLE, CLEAN accommodations with PREMIUM mattresses, high-end linens, REFRIGERATORS, MICROWAVES, TVS, & HIGH-SPEED WIFI. A recently UPDATED manager's unit includes 2 spacious bedrooms, 2 baths, & a full kitchen, ideal for an ON-SITE MANAGER or as an additional RENTAL OPPORTUNITY. A fully equipped housekeeping facility behind the motel ensures smooth daily operations. The RV PARK offers a serene, welcoming ambiance w/GORGEOUS LIGHTING, lush GREENERY, & SAFE, peaceful accommodations. There are 8 RV spaces that accommodate rigs ranging from 21-38ft, each offering FULL HOOKUPS, including SEWAGE & WATER. Additionally, there are 2 tent/car camping sites & 2 private, guest-only RV bathrooms w/COIN-OPERATED laundry. This property is the only 100% DOG-FRIENDLY motel in Bandon, offering additional revenue opportunities. Surrounded by tall trees, the grounds feature inviting OUTDOOR SPACES for guests. Conveniently located near Old Town Bandon, the beach, & world-renowned Bandon Dunes Golf Resort. An AUTOMATED, SECURE SELF-CHECK-IN SYSTEM eliminates the need for full-time on-site management, while the ONLINE BOOKINGS system ensures a low-friction guest experience. A growing SOCIAL MEDIA PRESENCE & website build guest loyalty, & TECHNOLOGY UPGRADES enhance efficiency & access to VALUABLE CUSTOMER DATA. Since rebranding, occupancy & revenue have SIGNIFICANTLY INCREASED, & the property boasts EXCELLENT REVIEWS, being the highest-rated motel in Bandon on Google. This IMPECCABLE OPPORTUNITY offers an 8.4% CAP RATE based on the list price of $1,800,000, with all marketing, guest management, housekeeping, maintenance, furnishings & equipment included.
Location
State OR
County Coos
Community Laundry
Area _260
Zoning C-2
Interior
Heating Zoned
Exterior
Community Features Laundry
View Territorial, Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Level, Trees
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Ocean Crest
Middle Schools Harbor Lights
High Schools Bandon
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
