460 Highway 101 - Hospitality FOR SALE


Bandon, OR 97411
$2,620,000 USD
213-321-1441
460 Highway 101, Bandon, OR for Sale
$2,620,000 USD
Hospitality - FOR SALE
1/13
null | 9.7% Cap Rate

460 Highway 101
Bandon, OR 97411


HIGHLIGHTS

  • Walking distance to Old Town Bandon, Restaurants and Bars
  • Minutes to world class golf course Bandon Dunes
  • Well maintained property with fully renovated rooms including plumbing & electric
  • Residence, has about 2,300sf. 3b/2.5b with a garage and back yard
  • Two managers units - One studio with kitchen and one 2b/2b apartment with kitchen

OVERVIEW

***Total Price Reduced By Over $630,000*** - Residence, about 2,300sf 3b/2.5b with garage and back yard, Total investment including the house $2,620,000.00. - Prime location in the center of Bandon- Destination Oregon coast - Minutes from world class Bandon Dunes Golf course and resort - Minute to beaches - 20 rooms + 2 managers apartments to be converted to rooms - Fully upgraded internet and TV systems - Fully renovated plumbing, electric in the last Five years

FOR SALE DETAILS

PRICE

$2,620,000 USD

PRICE/SF

$160 USD /SF

# OF ROOMS

22

PRICE/ROOM

$119,091 {currency}

CAP RATE

9.7%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lighthouse Cove Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

C-2

APN/PARCEL ID

1003140800

ASK ABOUT THIS PROPERTY

Eric SchulmanKeller Williams Realty Mid WilshireMore Info
213-321-1441

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Eric SchulmanKeller Williams Realty Mid WilshireMore Info
213-321-1441

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