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Property Detail

1175 2nd St SE, Bandon, OR 97411, USA
Highest rated motel in Bandon.
$2,100,000

Description

INVESTMENT HIGHLIGHTS

  • Significant growth in revenue and occupancy since redesign/rebrand in early 2022
  •  
  • Highest rated motel in Bandon, has garnered brand loyalty
  • Turnkey: marketing, guest management, housekeeping, maintenance, overall operations, furnishings and equipment included in sale

AMENITIES

  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free

ABOUT 1175 2ND ST SE , BANDON, OR 97411

Updated, redesigned, rebranded in 2022, this chic boutique motel and RV park is a profitable, turnkey operation that's immaculately packaged and ready for new ownership. b.side motel+rv has 10 rooms(w/baths)that have been individually curated with a well-appointed mix of modern and vintage. Rooms are comfortable and clean with exceptional amenities, including premium mattresses/ linens, refrigerators, microwaves, TVs, and Wi-Fi. There is also a recently updated manager's unit with 2 bedrooms, 2 baths, and full kitchen, offering flexibility for on-site manager or as additional rental. A fully outfitted housekeeping facility behind motel with everything needed to operate daily. The RV park is known for its ambiance, attracting both long and short-term guests with lighting, greenery, and quiet, safe accommodations. 8 RV spaces fit rigs ranging from 21-38 ft, with full hookups, sewage, and water. 2 campsites fit for tent/car camping are also available. 2 single-user guest-only RV bathrooms include coin-op laundry. The property is the only 100% dog-friendly motel in Bandon, creating add'l revenue. The property is encircled by tall trees with outdoor spaces for guests. Convenient to local amenities, including Old Town Bandon, the beach, and championship golf at Bandon Dunes. An automated, secure self-check in system makes a full-time onsite manager unnecessary. Majority of guests book online, facilitating a low friction guest experience. Website and growing social media presence build guest satisfaction and loyalty. Technology updates enhance efficiency and allow for extensive access to customer data. Since rebranding, occupancy and revenue have grown significantly. Customer reviews are excellent, the highest-rated motel in Bandon on Google. The business returns a 8% cap rate based on the list price of $2,350,000. All marketing, guest management, housekeeping, maintenance, overall operations, furnishings and equipment convey. Excellent value in a booming destination.

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Guest Room11$159.00

 

PROPERTY TAXES

 

Hunter Finch

+1 541-347-5500

Specification

General

  • 3680
  • 1.1000
  • Investment
  • C-2 (General Commercial)
  • 1945
  • 11

Financials

  • 171000
  • 7.23

Hospitality

Chic Profitable Boutique b.side motel + rv

# 221

SKU: 221

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