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Listed by Pacific Properties • 541-290-9597
$1,800,000
Est. payment /mo
3,680 SqFt
New
1175 2ND ST SE Bandon, OR 97411
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UPDATED:
12/17/2024 01:49 AM
Key Details
Property Type Commercial
Sub Type Hotel Motel
Listing Status Active
Purchase Type For Sale
Square Footage 3,680 sqft
Price per Sqft $489
MLS Listing ID 24232052
Year Built 1949
Annual Tax Amount $4,457
Tax Year 2024
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
Area _260
Zoning C-2
Interior
Heating Zoned
Equipment Fixtures, Furniture, SecuritySystem, SmokeDetector
Exterior
View Seasonal, Trees Woods
Roof Type Composition
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing CallListingAgent, Cash, Conventional, Other
Listing Terms CallListingAgent, Cash, Conventional, Other
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