754 SW Coast Hwy - Hospitality FOR SALE


Newport, OR 97365
$2,200,000 USD
503-577-7710
754 SW Coast Hwy, Newport, OR for Sale
$2,200,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

754 SW Coast Hwy
Newport, OR 97365


OVERVIEW

Newport Bay Motel is a 37-unit limited-service lodging property on US Highway 101 in the heart of Newport, on Oregon’s central coast. The L-shaped, wood-frame building offers roughly 300 feet of highway frontage and a diversified unit mix — standard motel rooms alongside apartment-style units with full kitchens suited to weekly, monthly, and extended-stay occupancy. Amenities include a guest lobby, on-site guest and commercial laundry, and a manager’s unit. Recently acquired out of bank-owned distress, the property is offered as a value-add opportunity. Detailed operating financials are not available; buyers should underwrite on the strength of the real estate, location, and unit mix.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$158 USD /SF

# OF ROOMS

37

PRICE/ROOM

$59,459 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newport Bay Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1947

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

C-1

APN/PARCEL ID

R241386

ASK ABOUT THIS PROPERTY

Brian Resendez, CCIMNW Hotel AdvisorsMore Info
503-577-7710

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Brian Resendez, CCIMNW Hotel AdvisorsMore Info
503-577-7710

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