This property is in contract and the Seller will consider back-up offers only.
Upscale Boutique Inn in Excellent Resort Location
This 8 key property (can accommodate up to 12 guests) is an outstanding opportunity for a new owner/operator to live and work on the beautiful Southern Oregon Coast near world class Bandon Dunes and the Pacific Ocean. Currently serving an upscale clientele primarily of golfers seeking quality accommodations and service near the internationally renowned links nearby, the property offers luxury amenities like fully stocked top shelf liquor and cigars, gourmet, hearty breakfast as the guests schedules dictate and concierge services.
Room configurations include several separate cabins as well as rooms in the main Inn. Common areas are well appointed with leather furniture and large flatscreen TV’s. Outdoor patio offers panoramic views of the mountains with a fire pit. Owner’s quarters are expansive at 2,500 sf and there is room to expand on the surrounding 6 acres.
Adjacent home is available for sale separately if new owner should desire to maximize guest accommodations by living off-site.
100% Excellent TripAdvisor ratings across the board from satisfied guests. Seller will carry a portion for an experienced Buyer with strong offer. Property offers nice mix of rooms, central location, exterior corridors, good amenities for guests and truck/bus parking.
Special Property Features Include:
- 14.5% Cap on 2014 Actuals and 44% Cash ROI
- Resort Location
- Upscale Furnishings throughout
- 6 Magnificent Acres with Room to Expand
Type: Boutique, Select Service
Cap Rate: 14.5%
ROI/Cash Flow: 43.75%