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227 Garibaldi Ave
Garibaldi, OR 97118
Econo Lodge · Hospitality Property For Sale
·
11,210 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Year Built | 1995 | |
| Building Class | C | Parking Ratio | 3.12/1,000 SF |
| Lot Size | 0.21 AC | Corridor | Exterior |
| Building Size | 11,210 SF | ||
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 11,210 SF |
| No. Stories | 2 |
| Year Built | 1995 |
| Parking Ratio | 3.12/1,000 SF |
| Corridor | Exterior |
| Zoning | C |
AMENITIES
- On-Site Retail
ABOUT 227 GARIBALDI AVE , GARIBALDI, OR 97118
The Garibaldi Oregon Econo Lodge is conveniently located off US 101 on Oregon's scenic coast just an hour and a half from Portland and is one of the only franchised properties in the area. The Econo Lodge was recently renovated and has a completed PIP for a new owner to take over. Revenue is trending up over the past three years and this has phenomenal NOI of over $188,525. Demand generators are leisure, including fishing and clamming. This is the perfect property for an owner/operator with generous manager's quarters and a great cash on cash return. In cooperation with West Coast Investment (OR Lic 850200042)
PROPERTY TAXES
| Parcel Number | R0011427 | Improvements Assessment | $492,300 |
| Land Assessment | $185,000 | Total Assessment | $677,300 |
PROPERTY TAXES
