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29855 Ellensburg Ave
Gold Beach, OR 97444
Oregon Trail Lodge · Hospitality Property For Sale · 8,853 SF

INVESTMENT HIGHLIGHTS

  • Located on Hwy 101 across from the Port of Gold Beach, where the mouth of the Rogue River meets the Pacific Ocean.
  • New roof & mostly remodeled.
  • 100% Occupancy with tremendous income possibilities. Could be converted back into a nightly motel.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.67 AC
Building Size 8,853 SF
No. Stories 1
Year Built/Renovated 1921/1986
Parking Ratio 2.49/1,000 SF
Corridor Exterior
Zoning 4C - 4C = Commercial use- Formerly The Oregon Trail Lodge (Motel) 20 units with 4 storage rooms.

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ABOUT 29855 ELLENSBURG AVE , GOLD BEACH, OR 97444

Location, Location, Location! Excellent HWY 101 frontage, close to shopping, restaurants, the Port of Gold Beach, Rogue River, and the golden sandy beaches of the Pacific Ocean. 20 units w/100% occupancy, rented month to month with a large waiting list. New roof & mostly remodeled, with 4 storage units and a coin operated laundry. Managers suite has 2 bedrooms with kitchen and family room. Solid CAP rate 7.89% with extreme growth opportunities. Could even be converted back into a nightly motel. Rent increases take effect Dec. 1st whereas CAP Rate will increase to 8.74%. Offers subject to interior inspection.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R11250
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$519,640
  • Listing ID: 24379369

  • Date on Market: 10/28/2021

  • Last Updated:

  • Address: 29855 Ellensburg Ave, Gold Beach, OR 97444

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