Bandon Beach Vacation Properties  (ID: 78435)

Overview

Price: USD 1,075,000
Type: Hotels Under 100 Rooms
Location: Bandon, Oregon, United States
Rooms: 22
Year Built: 2003
Lot: 60112 SF

High Cash Flow Management Business and Property in Resort Destination

Well-established, high cash flow vacation rental management business - management contracts, business assets, and 2 Duplexes (4 units) are conveyed with this listing! Turn-key business opportunity in sought after Oregon Coastal location just in time for Summer revenue. Existing business currently has 18 rental property contracts, essential vendor relationships for on-going maintenance and housekeeping. Properties include a wide variety of coastal access and beach locations, all with proximity to world-class golf, and historic beachside Bandon, Oregon.

Duplexes are approved for short-term rental and currently rented separately. Use one as a residence or keep in the rental pool for additional income.

Duplex A
Unit 1: 3 Bedroom / 2 Bathroom
Unit 2: 2 Bedroom / 2 Bathroom
Connected by a Garage/Shop/Utility

Duplex B
Unit 3: 3 Bedroom / 2 Bathroom
Unit 4: 2 Bedroom / 2 Bathroom
Connected by a Garage/Shop/Utility

Bandon attracts a wide variety of visitors and boasts year-round demand drivers. Excellent opportunity for management savvy investor to update and streamline with little to no overhead costs for even greater ROI.

Existing 5 bedroom / 3 bathroom residence may be negotiated into the offer for potential Owner/Operator option. Residence is available for an additional amount and is NOT included in the listing price.

Location:
Bandon Dunes world famous golf resort attracts visitors year round from around the world. Bandon-by-the-sea is a small, charming coastal town. Its sights and shops are almost all within walking distance of the renovated Old Town section, which makes it the perfect place for strolling, shopping and dining while youre on holiday. The Old Town area is just off Highway 101 and includes a collection of art galleries, curio shops, restaurants, and the local Chamber of Commerce. Old Town is located right next to the boat basin, so its easy to walk down to the basin for a breathtaking ocean view.

Visit us Online at:
http://crystalip.com/listings/bandon-beach-vacation-properties/

Owner will consider selling management company separately and may carry the management company for a qualified buyer with very strong down payment.

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!

Property Highlights

  • Extremely Strong Financials & High Cash Flow
  • Bandon Dunes Attracts Year-round International Clientele
  • Outstanding Flexibility for Owner/Operator
  • Bandon Dunes Ongoing Expansion for Future Upside and Residence Available (Additional Amount)
  • SBA financing available at 20% down for qualified Buyer
  • Local Airport with Direct Flights for Ease of Access

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Location: United States | Oregon | Bandon