460 Highway 101
Bandon, OR 97411
Lighthouse Cove Inn · Hospitality Property For Sale
·
22 Rooms
INVESTMENT HIGHLIGHTS
- Walking distance to Old Town Bandon, Restaurants and Bars
- Well maintained property with fully renovated rooms including plumbing & electric
- Two managers units - One studio with kitchen and one 2b/2b apartment with kitchen
- Minutes to world class golf course Bandon Dunes
- Residence, has about 2,300sf. 3b/2.5b with a garage and back yard ($530,000.00)
EXECUTIVE SUMMARY
***Price Reduced by $550,000***
- Residence, about 2,300sf 3b/2.5b with garage and back yard, (+$530,000.00) Total investment $3,250,000.00.
- Prime location in the center of Bandon- Destination Oregon coast
- Minutes from world class Bandon Dunes Golf course and resort
- Minute to beaches
- 20 rooms + 2 managers apartments to be converted to rooms
- Fully upgraded internet and TV systems
- Fully renovated plumbing, electric in the last Five years
- Residence, about 2,300sf 3b/2.5b with garage and back yard, (+$530,000.00) Total investment $3,250,000.00.
- Prime location in the center of Bandon- Destination Oregon coast
- Minutes from world class Bandon Dunes Golf course and resort
- Minute to beaches
- 20 rooms + 2 managers apartments to be converted to rooms
- Fully upgraded internet and TV systems
- Fully renovated plumbing, electric in the last Five years
PROPERTY FACTS
| Price Per Room | $123,636 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.94 AC |
| Building Size | 16,341 SF |
| No. Rooms | 22 |
| No. Stories | 2 |
| Year Built/Renovated | 1986/2019 |
| Parking Ratio | 2.12/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 |
AMENITIES
- Balcony
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 22 | $188.00 | - |
PROPERTY TAXES
| Parcel Number | 1003140800 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,356,330 |
