265 8TH ST

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265 8TH ST

Winchester Bay, OR 97467
Asking Price
$850K
Asset Type
Motel Hospitality
Class
Class B

What's Special

Hospitality <ul><li>​Established business with a strong repeat customer base and excellent online reputation</li><li>​Nine guest accommodations including three-bedroom vacation rental home, queen rooms, double-queen rooms, and king rooms</li><li>​Located just two blocks from the marina and less than half a mile from Oregon Dunes recreation area</li><li>​Fully operational with established reservation system and proven track record</li><li>​Generous owner's/manager's quarters with expansive living area, large

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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965

Location & Travel Times