902 NW Bayshore Dr - Hospitality FOR SALE


Waldport, OR 97394
$3,000,000 USD
310-621-2870
902 NW Bayshore Dr, Waldport, OR for Sale
$3,000,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

902 NW Bayshore Dr
Waldport, OR 97394


HIGHLIGHTS

  • Full service hotel with restaurant and bar
  • Pool, spa, and small work out room
  • Meeting space for up to 250 people
  • Guest laundry
  • Many rooms have water views
  • Hotel has its own beach

OVERVIEW

Alsi Bayshore Resort presents a rare opportunity to acquire a full-service, interior corridor hotel on the Oregon Coast at a significant discount compared to both replacement cost and recent hotel sales in the region. Currently managed by ownership with no prior hospitality experience, the asset is primed for immediate value creation under professional hotel management and a targeted Property Improvement Plan (PIP). The resort sits on 10 lots totaling 4.62 acres, offering not only a strong hospitality investment but also the potential for future development opportunities in one of Oregon’s most pictures coastal markets. Amenities include a restaurant and bar, pool and spa, fitness room, meeting space accommodating up to 250 guests, guest laundry, and rooms with water views. Guests also enjoy direct access to the beach, a unique feature that enhances the resort’s appeal. Situated in Waldport, Oregon, the property overlooks Alsea Bay and the Alsea Bay Bridge and is conveniently located near Highway 101, providing both scenic tranquility and ease of access. This is a motivated seller opportunity that positions an investor to unlock substantial upside performance and long-term value at the Oregon Coast’s Alsi Bayshore Resort.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$76 USD /SF

# OF ROOMS

90

PRICE/ROOM

$33,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alsi Bayshore Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1969

PARKING SPACES

90

LAND DETAILS

LAND ACRES

4.62 AC

LAND SF

201,247 SF

ZONING

C-1

APN/PARCEL ID

R501111

ASK ABOUT THIS PROPERTY

Richard Steinilli Commercial Real EstateMore Info
310-621-2870

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

Richard Steinilli Commercial Real EstateMore Info
310-621-2870

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