Multi-Family for Sale: 1175 SE 2ND ST, Bandon, OR 97411

$1,800,000
$1,800,000
1175 SE 2ND ST, Bandon, OR 97411
$1,800,000
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Price:
$1,800,000

Type Multi-Family
Lot Size 1.13 acres
Year Built 1949
Taxes Paid $4,457

City Bandon
Area 260 - Coos County
County Coos
School District Bandon

MLS 24393653
Status Active
DOM 6 days
UPDATED & REBRANDED IN 2022, this STYLISH Boutique Motel & RV Park is a TURNKEY, PROFITABLE operation that’s immaculately maintained & ready for new ownership. The b.side motel+rv features 10 UNIQUELY CURATED rooms (each w/its own private bath), offering a perfect blend of MODERN & VINTAGE style. Guests enjoy COMFORTABLE, CLEAN accommodations with PREMIUM mattresses, high-end linens, REFRIGERATORS, MICROWAVES, TVS, & HIGH-SPEED WIFI. A recently UPDATED manager’s unit includes 2 spacious bedrooms, 2 baths, & a full kitchen, ideal for an ON-SITE MANAGER or as an additional RENTAL OPPORTUNITY. A fully equipped housekeeping facility behind the motel ensures smooth daily operations. The RV PARK offers a serene, welcoming ambiance w/GORGEOUS LIGHTING, lush GREENERY, & SAFE, peaceful accommodations. There are 8 RV spaces that accommodate rigs ranging from 21-38ft, each offering FULL HOOKUPS, including SEWAGE & WATER. Additionally, there are 2 tent/car camping sites & 2 private, guest-only RV bathrooms w/COIN-OPERATED laundry. This property is the only 100% DOG-FRIENDLY motel in Bandon, offering additional revenue opportunities. Surrounded by tall trees, the grounds feature inviting OUTDOOR SPACES for guests. Conveniently located near Old Town Bandon, the beach, & world-renowned Bandon Dunes Golf Resort. An AUTOMATED, SECURE SELF-CHECK-IN SYSTEM eliminates the need for full-time on-site management, while the ONLINE BOOKINGS system ensures a low-friction guest experience. A growing SOCIAL MEDIA PRESENCE & website build guest loyalty, & TECHNOLOGY UPGRADES enhance efficiency & access to VALUABLE CUSTOMER DATA. Since rebranding, occupancy & revenue have SIGNIFICANTLY INCREASED, & the property boasts EXCELLENT REVIEWS, being the highest-rated motel in Bandon on Google. This IMPECCABLE OPPORTUNITY offers an 8.4% CAP RATE based on the list price of $1,800,000, with all marketing, guest management, housekeeping, maintenance, furnishings & equipment included.

Lot & Building Features

Heating Zoned
Parking Description RV Access/Parking
Sewer Public Sewer
Water Public Water
Water Heater Electricity

Community and Schools

Elementary School Ocean Crest
Junior High School Harbor Lights
Senior High School Bandon

Price History of 1175 2ND ST, Bandon, OR

Date Name Price Difference
12/16/2024 Listing Price $1,800,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1175 2ND ST, Bandon, OR

Location Map Street View
Photo of Shirley Cox, GRI, SRES
Shirley Cox, GRI, SRES
REALTOR, Managing Broker
Direct: 541-490-3139
Office
65 NE Estes
White Salmon, WA 98672
509-493-1783
Listed by Pacific Properties, Joel Sweet & Karen Joy Ellingson
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1175 2ND ST (MLS #24393653) is a multi-family listing located in Bandon, OR. This multi-family listing is on a lot of 49,222 sqft (or 1.13 acres) and is 75 years old. This property was listed on 12/18/2024 and has been priced for sale at $1,800,000.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Pacific Properties

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Pacific Rim Brokers are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.