Sold but we have others – please check our active listings or contact us at info@crystalip.com for available opportunities!
Exceptional Owner/Operator Opportunity!
Trollers Lodge enjoys an attractive setting on the beautiful Central Oregon Coast. Within walking distance to the center of the popular coastal village of Depoe Bay, the property offers owner’s quarters as well as gorgeous ocean views. With 12 guest accommodations, ranging from more standard rooms with Queen or King Beds to one bedroom suites with full or mini-kitchens and two bedroom suites the property provides ample amenities for guests including offering 100% smoke-free rooms, free wi-fi and pet friendly accommodations. The generous owner’s quarters offer 3 bedrooms, 2 baths, a commercial and regular kitchen, office, den and much more in this spacious separate building. Portions have been used as meeting space and it is possible to carve out additional rental units if desired.
Seller is willing to carry a first mortgage at 3% with a 50% cash down payment for a well qualified buyer.
Special Property Features Include:
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Ocean views
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~150’ Highway 101 Frontage
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Generous Owners Quarters
- HUGE Upside for Web Savvy New Owner
Property Details
Keys: 12
Location: Coastal, Resort
City: Depoe Bay
State: Oregon
ZIP: 97341
Type: Boutique, Select Service
Cap Rate: 9.21%
GRRM:
ROI/Cash Flow: 12.72%
Financing: Partial Seller
Additional Features:
Highway 101, Owner / Manager Quarters, Exterior Corridor, Ocean views
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