Old Motel Plaza 127 Pacific Ave
16 Room Hotel Glendale, OR 97442 $450,000 ($28,125/Room)
EXECUTIVE SUMMARY
Hotel/Motel opportunity in Glendale Oregon. Property includes 15 rental units, owner/manager living quarters, ample parking and commercial kitchen/restaurant space. Located 3 miles West of I-5 exit 80 in Southern Oregon. Potential clients include interstate travelers along with Rogue River Recreation Area enthusiasts (rafting, fishing & hiking). Each guest room features wood laminate flooring and new AC/heat units. Exterior improvements to the property include fresh paint and a new roof.
PROPERTY FACTS
| Price | $450,000 |
| Price Per Room | $28,125 |
| Sale Type | Investment |
| Sale Condition | Building in Shell Condition |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 5,566 SF |
| No. Rooms | 16 |
| No. Stories | 1 |
| Year Built/Renovated | 1997/2022 |
| Parking Ratio | 3.59/1,000 SF |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 1 | $100.00 | - |
| Guest Room | 15 | $50.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | R42870 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $547,850 |
ZONING
| Zoning Code | CX3 GLENDALE - COMMERCIAL (zoned for hotel use Improvement type: MOTEL 1 STRY, SGL ROW) |
CONTACT
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Todd Cranmer - Eugene's Alternative - Realtors
