87275 County Hwy 9-28 - Hospitality FOR SALE


Christmas Valley, OR 97641
$1,199,000 USD
541-383-7600
87275 County Hwy 9-28, Christmas Valley, OR for Sale
$1,199,000 USD
Hospitality - FOR SALE
1/96
null | Request Cap Rate

87275 County Hwy 9-28
Christmas Valley, OR 97641


OVERVIEW

Welcome to Lakeside Motel & RV Resort - a unique investment opportunity on the banks of Baert Lake in Christmas Valley. This established 7+acre property offers 10 updated motel units, 17 RV sites, 4 lease sites and a restaurant facility. This resort offers proximity to renowned attractions for the adventure seekers like Fort Rock, Sand Dunes and Crack in the Ground. The motel rooms and restaurant have all been remodeled. Each motel room with a covered porch and lakeview. RV sites offer an onsite bath house and full hook ups. The property has a strong income history and information will be made available for prequalified Buyers. Quality upgrades are: All motel rooms, new roofs, remodeled dining room, septic and sewer lines and a RV shower bathroom stall. Priced below appraisal, an income property with a Cap Rate of 9% this versatile resort is a prime opportunity for investors or entrepreneurs!

FOR SALE DETAILS

PRICE

$1,199,000 USD

PRICE/SF

$148 USD /SF

# OF ROOMS

10

PRICE/ROOM

$119,900 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakeside Motel & RV Park

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1980

PARKING SPACES

21

LAND DETAILS

LAND ACRES

7.62 AC

LAND SF

331,762 SF

ZONING

C

APN/PARCEL ID

5006,5007,5011,5013,5014,70600

ASK ABOUT THIS PROPERTY

Perry CrossCascade Hasson Sotheby's International RealtyMore Info
541-383-7600

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Perry CrossCascade Hasson Sotheby's International RealtyMore Info
541-383-7600

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