773 Ocean Shores Blvd NW
Ocean Shores, WA 98569
Ocean Paradise Hotel & Resort · Hospitality Property For Sale · 30,724 SF

In Contract Seller will consider back-up offers only Located on the Washington Pacific Coast, beachfront and oceanfront, the Quality Inn Ocean Shores offers excellent economy coastal accommodations. Centrally located downtown within walking distance of: the Ocean Shores Convention Center, popular restaurants, area attractions, unique shops, horseback riding, bowling, bikes, mopeds, kite flying, fishing and canoeing. With 62 well-appointed rooms each traveler has options from Jacuzzi suites and ocean view to adjoining and standard rooms. Quality Inn Ocean Shores offers a heated indoor pool and Jacuzzi as well as courtyard miniature golf appealing to families and offering guests on site entertainment. The property offers a private meeting room with a beautiful mural and amenities such as a full kitchen and convenient in and out parking just steps from the meeting room entrance. Leased Land with 30-yr remaining term and Option to Purchase at $785k 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 broker. DO NOT CONTACT PROPERTY OR EMPLOYEES! The property has an assumable SBA loan running through 2032, fixed rate at 4.1% interest, in an amount of approximately $973,000. Monthly payments are $7,409 with about $4,100 per month applying to principal pay down. Washington' s favorite getaway, the town of Ocean Shores is a consistent vacation and convention destination. With guests coming in a variety of fun, high-energy activities such as horseback riding, biking and watersports or a serene setting to take in local restaurants and the beautiful scenery, as well as an entertaining destination for children to play at area arcades, go karts and sandy beaches, Ocean Shores truly has something for everyone!