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Ocean Crest Resort 4651 SR 109 43 Room Hotel Moclips, WA 98562 $7,750,000 ($180,233/Room)
INVESTMENT HIGHLIGHTS
- Location - On a bluff overlooking the Pacific Ocean with trails to the beach.
- Beach Access - Private access to approximately ¼ mile of beach through walkway and stairs through a wooded ravine.
- Restaurant Offers regional cuisine, outdoor dining and a cocktail lounge
- Guest Rooms - Standard hotel accommodations to large family rooms with kitchenettes, many rooms with balconies and ocean views. $2.3 M in renovations
- Additional Land
- Amenities - Indoor pool, hot tub, fitness room, commercial showers, rest rooms and a spa with massage services.
EXECUTIVE SUMMARY
Financial Information – Sign and return the Confidentiality Agreement to Raymond Duchek
at raymondd@norris-stevens.com
Visit website: www.oceancrestresort.com
at raymondd@norris-stevens.com
Visit website: www.oceancrestresort.com
PROPERTY FACTS
| Price | $7,750,000 | Building Size | 40,033 SF |
| Price Per Room | $180,233 | No. Rooms | 43 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1953/2022 |
| Property Subtype | Hotel | Parking Ratio | 1.05/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 8.19 AC | Opportunity Zone |
Yes
|
| Zoning | R3 - Resort Residential | ||
| Price | $7,750,000 |
| Price Per Room | $180,233 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 8.19 AC |
| Building Size | 40,033 SF |
| No. Rooms | 43 |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2022 |
| Parking Ratio | 1.05/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | R3 - Resort Residential |
AMENITIES
- Balcony
- Fitness Center
- Pool
- Restaurant
- Spa
- High Speed Internet Access
- Patio
- On-Site Bar
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 15 | $309.00 | - |
| Guest Room | 28 | $238.00 | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,832,718 | |
| Land Assessment | $1,519,928 | Total Assessment | $6,352,646 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,519,928
Improvements Assessment
$4,832,718
Total Assessment
$6,352,646
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Ocean Crest Resort | 4651 SR 109
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