For Sale
$1,800,000

1175 2Nd St Bandon, OR 97411

Turnkey profitable coastal lodging business.

Overview

Added:
Feb 3
Days on market:
77
This impeccably maintained, stylish boutique motel and RV park in Bandon, Oregon, presents a unique investment opportunity. Completely updated and rebranded in 2022, this turnkey operation boasts 10 uniquely curated motel rooms, each with a private bath, featuring premium mattresses, high-end linens, refrigerators, microwaves, TVs, and high-speed Wi-Fi. A recently updated two-bedroom, two-bathroom manager's unit with a full kitchen offers on-site management capabilities or additional rental income. The property also includes a fully equipped housekeeping facility. The RV park provides 8 spaces accommodating rigs from 21-38 feet, each with full hookups (sewage and water), plus 2 tent/car camping sites and 2 private guest-only RV bathrooms with coin-operated laundry. The property is the only 100% dog-friendly motel in Bandon. The 1.13-acre lot features inviting outdoor spaces and gorgeous lighting. An automated, secure self-check-in system and online booking system enhance efficiency. A strong social media presence and website build guest loyalty. Technology upgrades provide access to valuable customer data. Since rebranding, occupancy and revenue have significantly increased, resulting in excellent online reviews, currently holding the highest rating among Bandon motels on Google. The property offers an 8.4% cap rate based on the $1,800,000 list price. All marketing, guest management, housekeeping, maintenance, furnishings, and equipment are included. Conveniently located near Old Town Bandon, the beach, and the Bandon Dunes Golf Resort, this 3,680 square foot property offers a compelling return on investment.

Property Details for 1175 2Nd St

Property type
Commercial real estate
Square Feet
3,680 SF
Year Built
1949
Lot Size (sq. ft)
49,223 SF

Location Insight

City
Bandon
County
Coos
State
Oregon
Latitude
43.11928
Longitude
-124.3958
1175 2Nd St, Bandon, Oregon

FAQs

What type of property is this?
Commercial real estate - Turnkey profitable coastal lodging business.
Where is the commercial real estate located?
The property is located at 1175 2Nd St Bandon, OR.
What is the asking price?
The asking price for this property is $1,800,000.
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1175 2Nd St
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