455 Bear Creek Rd - Hospitality FOR SALE


Cottage Grove, OR 97424
$250,000 USD
541-217-7710
455 Bear Creek Rd, Cottage Grove, OR for Sale
$250,000 USD
Hospitality - FOR SALE
1/2
null | Request Cap Rate

455 Bear Creek Rd
Cottage Grove, OR 97424


OVERVIEW

Excellent redevelopment opportunity with this 24 room hotel in need of renovation. Excellent location adjacent the highway just outside cottage grove. Distressed Sale, property in need of repairs with some systems, finishes or fixtures nearing or at the end of their useful life. All offers must be 100% “as-is”, with all personal property and debris to be disposed of by buyer after closing. All offers subject to 3rd party court approval. Absolutely No Financial information is available, No rental agreements, No P&L, No Rent Roll. Cash Offers only will be considered. No interior access, drive by only. Buyer to accept all tenants and any on site management at closing with no rental agreements or estopple certs. Failed septic system.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$35 USD /SF

# OF ROOMS

18

PRICE/ROOM

$13,889 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stardust Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1962

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

C-2

APN/PARCEL ID

R17703

ASK ABOUT THIS PROPERTY

Joe AguirrePacific Coast Real Estate and DevelopmentMore Info
541-217-7710

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Joe AguirrePacific Coast Real Estate and DevelopmentMore Info
541-217-7710

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.