787 N Central Blvd - Hospitality FOR SALE


Coquille, OR 97423
$1,395,000 USD
541-297-2823
787 N Central Blvd, Coquille, OR for Sale
$1,395,000 USD
Hospitality - FOR SALE
1/17
null | 12.54% Cap Rate

787 N Central Blvd
Coquille, OR 97423


HIGHLIGHTS

  • Well-maintained 26-room motel with upgraded interiors and furniture throughout.
  • Includes an on-site manager’s 3-bedroom, 2-bath apartment for convenient operations.
  • Recent enhancements feature natural gas connection, updated flooring, and granite countertops.
  • Themed guest rooms such as patriotic, wildlife, and forest create a unique guest experience.
  • Reservation and management software plus security system included in the sale.
  • High-visibility location on Central Blvd with large reader board sign providing additional income potential.

OVERVIEW

Small-Town-Charm reflected in this well-managed 26 guest room MOTEL with an office/manager's 3 bedroom/2 bath apartment. Established local business with GREAT rental history. Many upgrades include flooring, natural gas connection and theme designed rooms (patriotic, wildlife, forest, flowers, ferns, fish, Sasquatch and more). Furniture updates with several rooms having a lovely chest hide-away extra bed and many with new granite countertops. New reservation/management software included with sale and security system. Large reader board sign offers value to the community and extra income. This is definitely an opportunity worth considering! Call your agent today for more details.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$107 USD /SF

# OF ROOMS

27

PRICE/ROOM

$51,667 {currency}

CAP RATE

12.54%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Myrtle Lane Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

C-2

APN/PARCEL ID

1000741601

ASK ABOUT THIS PROPERTY

Cynthia JohnsonJohnson Group Real Estate LLCMore Info
541-297-2823

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Cynthia JohnsonJohnson Group Real Estate LLCMore Info
541-297-2823

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