CAP Rate is based upon a 3-Year Average (2015-2017)
– 4.74 Acres
– 15 Rooms and 5 Cabins (Plus Manager/Owner Living Quarters)
– Room for Expansion/Development (.94 Acres of Rural Commercial Land included; Many uses – Rv Park, Addl Cabins, Motel Exp, Storage Facility, Etc.)
– New Roof and Gutters 2016
– Cabins purchased in 2002 and 2003
– High Exposure on Highway 101
– Majority of rooms have been updated
For additional information please visit: www.parkmotelflorence.com
The wonderfully maintained Park Motel & Cabins is nestled against an area of old growth Douglas Firs in Florence, Oregon on the Central Oregon Coast.
-3.5 Miles South of Three Rivers Casino
-19 Miles North of Reedsport, Oregon
-63 Miles West of Eugene, Oregon
| Price: | $1,690,000 |
| Address: | 85034 Hwy 101 |
| City: | Florence |
| County: | Lane |
| State: | OR |
| Zip Code: | 97439 |
| Year Built: | 1955 |
| Floors: | 1 |
| Square Feet: | 11,569 |
| Acres: | 4.7 |
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