6.7% Cap with Professional Management and Reserves
Popular Lincoln City, Oregon Coast Resort Location
Interior Corridor with Recent Renovations Throughout
Assumable Financing
Seller will Carry Partial Note
Property Description
75 room independent, interior corridor boutique hotel in the heart of popular Lincoln City resort community. Excellent highway 101 location, shuttle to casino and convenient to golf, beach, and outlet shopping.
Principals only - no broker co-op.
Assumable financing with seller willing to carry a note. 6.7% cap includes outstanding professional management and capital reserves.