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35215 Brooten Rd
Pacific City, OR 97135
Surf & Sand Inn - IN CONTRACT · Hospitality Property For Sale · 5,904 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.50 AC
Building Size 5,904 SF
No. Stories 1
Year Built/Renovated 1930/2008
Parking Ratio 4.57/1,000 SF
Corridor Exterior
Zoning C-1

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ABOUT 35215 BROOTEN RD , PACIFIC CITY, OR 97135

IN CONTRACT - This property is currently in contract, the seller will consider offers in backup position only. 14.02% Cap Rate, 41.34% ROI & 3.64 GRM Independent Coast Motel Walking Distance to the Beach The Surf & Sand Inn is the quintessential 15 key boutique beach motel. Originally built in 1930, this exterior corridor property has been recently updated to attract family and leisure visitors in the popular Oregon Coast town of Pacific City. Property features a mix of stylish, beachy Queen Single, Queen Double, and Kitchenette rooms. Accommodations include flatscreen TV, microwave, coffeemaker, mini-fridge and high-speed internet (WiFi). Ideally situated just 2 blocks from the Pacific Ocean and a mile from Cape Kiwanda, Haystack Rock, and tourist attractions, the Surf & Sand Inn is centrally located near shopping, dining, galleries, the Pacific City airport and the Nestucca River. This coastal destination town is an easy weekend getaway for the major metropolitan areas of Portland, and State Capital, Salem. ~700 sq.ft. residence with 1 bedroom, 1 bathroom, living room, and private kitchen make this property ideal for Owner/Operator or on-site Manager. Potential room to expand for additional rental units, Owner’s Quarters or combination for future revenue. Potential to expand subject to Buyer’s independent investigations. Location: Pacific City is located on the Oregon Coast between Tillamook and Lincoln City on the south end of beautiful Three Capes Scenic Drive. Pacific City is a peaceful beachfront town offering plenty of outdoor pursuits such as birdwatching, beachcombing, canoeing, kayaking, boating, clamming, crabbing, hang gliding, paragliding, hiking, and backpacking. Thanks to a natural breakwater, Pacific City’s beach is a favorite spot for surfers and anglers. Downtown offers a variety of restaurants, breweries, galleries, and shops. Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES! Selling Broker co-op (if available) contingent upon receipt and CIP approval of Buyer Registration in advance of receipt of the marketing package, financials, and presentation of offers. No co-op without CIP approval of Buyer registration. Please call with questions regarding this requirement.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0234053
Land Assessment
$305,090
Improvements Assessment
$422,930
Total Assessment
$728,020
  • Listing ID: 17284316

  • Date on Market: 9/24/2019

  • Last Updated:

  • Address: 35215 Brooten Rd, Pacific City, OR 97135

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