Fathom Realty
Listed by Fathom Realty
$1,997,000
1551 4th Street
Details
APN 0801462
Property Type Hospitality
Sub Type Hotel
Square Footage 6,576
Keys 12
NOI $103,746
Occupancy 74%
Pro-Forma Cap Rate 10.02%
Pro-Forma NOI $200,000
Year Built 1993
Acreage 0.310
Zoning C - Commercial
Parking Spaces 14 spaces
Parking Per SqFt 2.13
Investment Type Owner/User
Sale Condition For sale by owner
Profitable Riverview Motel one hour from Eugene Airport with high growth potential.
Marketing description
Perched above the Siuslaw River and overlooking Old Town Florence - the LANDMARK INN is being offered by its original owner/operator/builder as a profitable and turn-key investment. This exceptional opportunity is located just one hour from Eugene airport and features a meticulously designed, operated and maintained 12 Unit Boutique Motel that is ready for its next successful owner! Incredibly consistent and above average revenue - with HIGH growth potential! The INN features an on site managers suite, public dining area, office, full laundry facilities AND detached sauna building as well as the only IN ROOM hot tubs in Florence! Optimal 1031X Candidate. BONUS: OWNER WILL CARRY! Financials by request. Proof of funds required. NO Drive-By's.
Listing Contacts
Fathom Realty
Listed by Fathom Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$103,746.00
$8,645.50/mo
Valuation Metrics
0
DSCR
5.2%
Cap Rate
5.2%
ROI
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