Description
51 room newer interior corridor hotel on Highway 101 across from the Tillamook Cheese factory in popular Tillamook, Oregon. Beautifully maintained throughout, this property offers excellent amenities for the business or recreational traveler including wi-fi, indoor pool and spa, breakfast, and nicely appointed rooms and suites.
Tillamook, Oregon is a hub of business on the Oregon, Coast and is well located with easy access inland to the major metro areas of Portland and Salem. Tourists also flock to the area for the recreational opportunities afforded by the Tillamook Bay, Wilson River, hiking, ocean beaches, golf and museums. This property offers excellent visibility and access from Highway 101 in the center of town.
Special Property Features Include:
- 51 Rooms & Suites plus 20 space RV hook-ups
- Interior Corridor Built in 2000
- Excellent Highway 101 Access and Visibility
- Strong Historical and Ongoing Revenue
Property Details
Keys: 51
Location: Resort, Coastal, Hwy
City: Tillamook
State: OR
ZIP: 97141
Type: Boutique, B&B, Independent
Cap Rate: 9.35%
GRRM:
ROI/Cash Flow: 18% Cash Flow on 2010
Financing: Owner Financing or Partnership Share Sale
Additional Features:
Highway 101, Owner Financing, Pool / Spa, RV Parking / RV Hook-up
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