Business For Sale Listing 155343
Oregon Coastal Motel
Status as of Nov-22-2008 at 05:59 PM: Active
Business Summary
Upgraded coastal motel with great Hwy 101 location. Owners have made numerous upgrades and increased occupancy and revenue. CAP rate of 9.84% - this investment actually pencils out with positive cash flow right from the beginning. Current owner is absentee - run the place yourself with help from the excellent staff and increase your net operating income. One owner is licensed real estate broker in Oregon.
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