101 NW 11th Ave - Hospitality FOR SALE


Rockaway Beach, OR 97136
$11,250,000 USD
248-770-9974
101 NW 11th Ave, Rockaway Beach, OR for Sale
$11,250,000 USD
Hospitality - FOR SALE
1/48
null | Request Cap Rate

101 NW 11th Ave
Rockaway Beach, OR 97136


HIGHLIGHTS

  • Direct beachfront access with unobstructed panoramic views of the Pacific Ocean. Steps to sand and surf — a true Oregon Coast gem.
  • Well-maintained 70-room resort with a mix of sleeping rooms, oceanfront suites, family suites, and fully-equipped kitchen units.
  • Established and successful hospitality business with strong historical NOI and high repeat clientele.
  • Amenities Include indoor heated swimming pool, private balconies, in-room fireplaces, kitchens equipped units, pet-friendly units, and on-site laundry
  • Value-Add Potential.
  • High Demand Tourism Corridor: Located on the scenic Highway 101 with strong year-round tourism that peaks in summertime.

OVERVIEW

Surfside Resort – Rare Oceanfront Investment Opportunity in Rockaway Beach, Oregon. Situated directly on the pristine shores of Rockaway Beach, Surfside Resort presents a rare opportunity to acquire a well-established, oceanfront hospitality asset along the high-demand Oregon Coast corridor. Priced at $11,250,000, the Surfside Resort offers 70 guest keys, an on-site manager’s unit, and 3 staff rooms, all situated across 1.86 acres with approximately 49,380 SF of gross building area. Surfside Resort comprises six buildings — five dedicated guest buildings and one housing the administrative functions, including the front desk, laundry facilities, on-site manager and staff accommodations, and an indoor heated pool for guests. The resort offers a diverse range of room types, from standard sleeping rooms to spacious family and king suites — many featuring private balconies, gas fireplaces, fully-equipped kitchens, and breathtaking ocean views. Strategic Coastal Location: Ideally positioned along Highway 101, Surfside Resort benefits from year-round tourism and proximity to top coastal attractions including Twin Rocks, Oregon Coast Scenic Railroad, Tillamook Creamery, and numerous state parks. Just 90 miles from Portland, this asset caters to leisure travelers seeking an affordable yet memorable coastal escape. Growth Potential: Current operations primarily rely on Booking.com, Airbnb, and direct bookings. Expanding to other major platforms such as Expedia and Trip.com, along with potential F&B activation or rebranding, presents clear upside. The Oregon Coast’s limited beachfront hotel inventory only strengthens this asset’s long-term investment appeal. Please contact agent for full OM, financials and performance indicators (NDA Required).

FOR SALE DETAILS

PRICE

$11,250,000 USD

PRICE/SF

$157 USD /SF

# OF ROOMS

70

PRICE/ROOM

$160,714 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Surfside Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1979

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

SRR

APN/PARCEL ID

2N1029CC02300

ASK ABOUT THIS PROPERTY

Harris NiaziKW CommercialMore Info
248-770-9974

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Harris NiaziKW CommercialMore Info
248-770-9974

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