437 chetco ave kcb hospitality llc · path to pet area dscn0816 property photos 437 chetco ave 437...
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Price: $1,990,000
Motel - 3 wings originally built in 1955 (masonry)added on in 1986 and 2004 (wood frame). 3separate types of building and price points fromeconomy (standard rooms) to midscale (deluxerooms) to upscale (premium rooms). All but 3rooms (deluxe double queens) are ground level.Motel has been American owned and operatedsince 2007 with special attention to details andongoing improvements. Motel was originally builtas a "fishing lodge" with garages and connectingdoors to rooms which included kitchens at onetime. Kitchens are now converted to a secondbedroom and garages eliminated except one(used for storage). Motel has a strong reputationof cleanliness, comfort and friendliness with a highreturn customer base. Motel is historically knownas "Beaver State Lodge" and remains the oldestactive motel in Brookings/Harbor as well ascelebrates the newest built rooms in Brookings(2004).
437 Chetco AvePresented byKcb Hospitality Llc
437 Chetco Ave, Brookings, OR 97415
Recently reduced price! Great investment opportunity for first timehotelier, or hotel investment for experienced hotel investor. Potential forbrand naming as no hotels are branded in Brookings, or Curry County.Independent hotel with strong Gross revenues and NOI. Trip Advisorreviews place hotel at # 3 of 9 in the area, but #1 of 6 in Brookings citylimits. Currently 28 rentable rooms with one room Maintenancemanager's apartment, and one room a part of manager's residence. Bothrooms could be turned into additional revenue, or perhaps a breakfastroom, or employee break room, etc. Managers residence includes livingroom, dining room, kitchen, bedroom, and 2 bathrooms (square footageapprox. 800). Upgrades throughout property include ceiling fans in non-airconditioned rooms (14 rooms), painting inside and out, water lineupgrades, 5 hot water heaters and separate building water line shut-offs.New commercial washing machine and upgrades to commercial dryer.Great potential for live in owner, or live in manager with absentee owner.Strong staff in place, turn key operation both housekeeping/laundry andfront desk. High visibility located on Hwy 101 (Chetco Avenue) on southside of Brookings downtown, no hotels within 1/2 mile (only 6 inBrookings). Occupancy, ADR, RevPAR #'s available from 2014 to
Ken [email protected](541) 661-0014
Kcb Hospitality Llc
Brookings, OR 97415
437 Chetco Ave437 Chetco Ave, Brookings, OR 97415
present. Strong tourism base (June through September), as well ascontractors, fishing, and local referral business through Fall, Winter, andSpring (October through May).
Location / Heavy traffic Hwy 101/Chetco Avenue, south side of Brookings
Convenience to original downtown of Brookings
Convenience to Port of Brookings Harbor & Chetco River
Closest Hotel/Motel to all 3 of the K-12 schools and Azalea Park Sports complex
Manager apartment is 3 rooms/2 bathrooms with a full kitchen
437 Chetco Ave437 Chetco Ave, Brookings, OR 97415
Premium double queen
Landscaping island
Unit/Room Mix Information
Description No. Rooms Avg. Daily RateStandard single room 7 65
Deluxe 2 room/2 beds mini-suite 4 68
Deluxe double queen 6 75
Premium 2 queens or 1 king 12 85
Family Room 2 queens/queensofa sleeper
1 90
437 Chetco Ave437 Chetco Ave, Brookings, OR 97415
Deluxe wing & premium wing Main landscaping island
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437 Chetco Ave437 Chetco Ave, Brookings, OR 97415
Premium King pet friendly Deluxe double queen pet friendly
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437 Chetco Ave437 Chetco Ave, Brookings, OR 97415
Deluxe double queen upstairs Landscaping island
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437 Chetco Ave437 Chetco Ave, Brookings, OR 97415
West side main wing East side pet area
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437 Chetco Ave437 Chetco Ave, Brookings, OR 97415
Path to pet area DSCN0816
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437 Chetco Ave437 Chetco Ave, Brookings, OR 97415
122 BathSink DSCN0786
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437 Chetco Ave437 Chetco Ave, Brookings, OR 97415
DSCN0791
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437 Chetco Ave437 Chetco Ave, Brookings, OR 97415
Location
437 Chetco Ave437 Chetco Ave, Brookings, OR 97415