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Sea Echo Motel 3510 NE Highway 101

18 Room Hotel Lincoln City, OR 97367 £1,799,635 (£99,980/Room)

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Investment Highlights

Roof replaced in 2021
Bathrooms reconfigured to meet current building codes
Possibility to change occupancy to Multi-family complex (buyer to do own DD)

Rooms & house were completely remodeled down to the studs 2019-2023 Everything new including plumbing, electrical, heat
Zoning - G-C
* 81 acres * Tax ID: R44016 * www.hotellincolncity.com

Executive Summary

Recently remodeled 18 room motel situated less than 1/2 mile to the beach and to Chinook Winds Casino. Also, has a 1200sf, 3 bed, 1.5 bath single family residence on the property (manager's residence).

Sea Echo Motel Flyer

Property Facts

Price	£1,799,635	No. Rooms	18
Price Per Room	£99,980	Number of Floors	1
Sale Type	Investment	Year Built	1964
Property Type	Hospitality	Tenancy	Single
Property Subtype	Hotel	Parking Ratio	4.46/1,000 SF
Building Class	C	Corridor	Exterior
Lot Size	0.81 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Size	5,828 SF

Price	£1,799,635
Price Per Room	£99,980
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.81 AC
Building Size	5,828 SF
No. Rooms	18
Number of Floors	1
Year Built	1964
Tenancy	Single
Parking Ratio	4.46/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.