Camp Randonnee | 1103 3rd Ave
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Camp Randonnee 1103 3rd Ave
4 Room Hotel Mosier, OR 97040 £1,292,445 (£323,111/Room) 7.48% Net Initial Yield
Investment Highlights
- Zoned commercial, protecting STR status from STR restrictions in the area.
- Located in the center of a town that is currently growing, and right off HWY I-84. Five minutes to trending tourist town of Hood River.
- Lots of natural light through high end floor to ceiling window package, fully mature and well established native plant court yard.
Executive Summary
Prime Investment Opportunity! Say hello to these newly built luxury cabins, located in the growing and cozy story-book town of Mosier, OR. Centrally located within the heart of the picturesque Columbia River Gorge, a highly sought after tourist destination location for outdoor recreation, sight seeing, the local breweries and wineries! These meticulously maintained cabins are on a campus consisting of four modern Scandinavian cabins; architecturally designed with floor to ceiling windows to capture expansive and stunning views of the Columbia River, coyote wall and Syncline Ridge. These Luxury designer cabins specialize in intimate stays, sleeping 2-3 ppl each; standing tall on .34 acres of a commercially zoned city lot, ensuring protection against short term rental restrictions. The success of these short term rentals is evident in the glowing reviews it has received, with over 300 five-star reviews to date, consistently has exceeding guest expectations resulting in many returning guests! With bordering lots available for purchase there is opportunity to grow and develop! Call your favorite agent today and set up a showing to start envisioning all that is possible!
Property Facts
| Price | £1,292,445 | Lot Size | 0.34 AC |
| Price Per Room | £323,111 | Building Size | 2,086 SF |
| Sale Type | Investment | No. Rooms | 4 |
| Net Initial Yield | 7.48% | Number of Floors | 1 |
| Property Type | Hospitality | Year Built | 2022 |
| Property Subtype | Hotel | Parking Ratio | 3.36/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Price | £1,292,445 |
| Price Per Room | £323,111 |
| Sale Type | Investment |
| Net Initial Yield | 7.48% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 2,086 SF |
| No. Rooms | 4 |
| Number of Floors | 1 |
| Year Built | 2022 |
| Parking Ratio | 3.36/1,000 SF |
| Corridor | Exterior |
Amenities
- Balcony
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Public Access Wi-Fi
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | £224.02 | - |
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PROPERTY TAXES
| Parcel Number | 2N 11 E 1 CB 4901 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £353,565 |
PROPERTY TAXES
Parcel Number
2N 11 E 1 CB 4901
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£353,565
zoning
| Zoning Code | Commercial (Zoning C, City of Mosier has two business related zones Class C ( commercial ) and Class I ( Industrial ). This city lot is zoned C ( commercial ).) |
| Commercial (Zoning C, City of Mosier has two business related zones Class C ( commercial ) and Class I ( Industrial ). This city lot is zoned C ( commercial ).) |
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Camp Randonnee | 1103 3rd Ave
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