1175 2nd St SE - Hospitality FOR SALE


Bandon, OR 97411
$1,650,000 USD
541-290-9597
1175 2nd St SE, Bandon, OR for Sale
$1,650,000 USD
Hospitality - FOR SALE
1/92
null | 9.16% Cap Rate

1175 2nd St SE
Bandon, OR 97411


HIGHLIGHTS

  • This stylish and chic boutique motel and RV park is a turnkey and profitable operation.
  • There is an automated, secure self-check-in system that 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, and the world-renowned Bandon Dunes Golf Resort.
  • The b.side Motel + RV features 10 uniquely curated rooms (each with its own private bath), offering a perfect blend of modern and vintage style.
  • A recently updated manager’s unit includes 2 spacious bedrooms, 2 baths, & a full kitchen; ideal for an on-site manager or as a bonus rental opp.

OVERVIEW

Pacific Properties is pleased to present the recently updated and rebranded (2022) hospitality asset at 1175 2nd Street SE, the b.side Motel + RV, to the market for a stabilized investment opportunity. This stylish and modern boutique motel and RV park is a turnkey and profitable operation that’s immaculately maintained and ready for new ownership. The b.side Motel + RV features 10 uniquely curated guest rooms (each with its own private bath), offering a perfect blend of modern and vintage styles. Guests enjoy comfortable and clean accommodations with premium mattresses, high-end linens, refrigerators, microwaves, TVs, and high-speed internet Wi-Fi. A recently updated manager’s unit includes two spacious bedrooms, two baths, and 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 with gorgeous lighting, lush greenery, and safe and peaceful accommodations. Eight RV spaces accommodate rigs ranging from 21 to 38 feet, each offering full hookups, including sewage and water. Additionally, there are two tent/car camping sites and two private, guest-only RV bathrooms with 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. It is conveniently located near Old Town Bandon, the beach, and the 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 and website build guest loyalty, and technology upgrades enhance efficiency and access to valuable customer data. Since rebranding, occupancy and revenue have significantly increased, and 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. All marketing, guest management, housekeeping, maintenance, furnishings, and equipment are included.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$209 USD /SF

# OF ROOMS

11

PRICE/ROOM

$150,000 {currency}

CAP RATE

9.16%

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

1002267701

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.