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Property Detail

902 NW Bayshore Dr, Waldport, OR 97394, USA
82 room hotel that is feet from the water.
$4,900,000

Description

EXECUTIVE SUMMARY

Built in 1969 by the famous Pat Boone. (singer/actor) Had a major renovation in 2012 and some things upgraded in 2021. Large restaurant / bar. Outdoor pool. Large banquet room. Several different type of rooms. Standard and upgraded. Current Ownership purchased the hotel in 2021 with no history of operating a hotel. They were extremely successful in the Hollywood movie industry and as with many hotels across the country, they struggled to find good management to operate the business. They were not able to be here full time because they also have other businesses in Los Angeles, CA. and Las Vegas, NV. Due to this, they don’t have accurate income and expense numbers.
 

AMENITIES

  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Suite6$135.00-
Guest Room74$86.00

 

PROPERTY TAXES

 

Lyle Stratton

+1 360-718-8787

Andi Costello

+1 360-718-8787

Specification

General

  • 39516
  • 4.6200
  • Investment
  • C-T
  • 1969
  • 2012
  • 80

Financials

  • 20.43

Hospitality

Alsi Resort

# 219

SKU: 219

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