1175 2nd St SE - Hospitality FOR SALE


Bandon, OR 97411
$1,800,000 USD
541-290-9597
1175 2nd St SE, Bandon, OR for Sale
$1,800,000 USD
Hospitality - FOR SALE
1/100
null | 8.4% Cap Rate

1175 2nd St SE
Bandon, OR 97411


HIGHLIGHTS

  • This STYLISH Chic, Boutique Motel & RV Park is a TURNKEY, PROFITABLE operation-
  • An AUTOMATED, SECURE SELF-CHECK-IN SYSTEM eliminates the need for full-time on-site management-
  • The property boasts EXCELLENT REVIEWS, being the highest-rated motel in Bandon on Google-
  • Conveniently located near Old Town Bandon, the beach, & world-renowned Bandon Dunes Golf Resort
  • The b.side motel+rv features 10 UNIQUELY CURATED rooms (each w/its own private bath), offering a perfect blend of MODERN & VINTAGE style
  • A recently UPDATED manager’s unit includes 2 spacious bdrms, 2 baths, & a full kitchen, ideal for an ON-SITE MANAGER or as an additional RENTAL OPP

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$229 USD /SF

# OF ROOMS

11

PRICE/ROOM

$163,636 {currency}

CAP RATE

8.4%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

b.side motel+rv

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1946

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

C-2

APN/PARCEL ID

2267701

ASK ABOUT THIS PROPERTY

Joel SweetPacific PropertiesMore Info
541-290-9597

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Joel SweetPacific PropertiesMore Info
541-290-9597

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.