Ocean Crest Resort 4651 SR 109
43 Room Hotel Moclips, WA 98562 $7,750,000 ($180,233/Room)
INVESTMENT HIGHLIGHTS
- Location - On a bluff overlooking the Pacific Ocean with trails to the beach.
- Beach Access - Private access to approximately ¼ mile of beach through walkway and stairs through a wooded ravine.
- Restaurant Offers regional cuisine, outdoor dining and a cocktail lounge
- Guest Rooms - Standard hotel accommodations to large family rooms with kitchenettes, many rooms with balconies and ocean views. $2.3 M in renovations
- Additional Land
- Amenities - Indoor pool, hot tub, fitness room, commercial showers, rest rooms and a spa with massage services.
EXECUTIVE SUMMARY
Financial Information – Sign and return the Confidentiality Agreement to Raymond Duchek
at raymondd@norris-stevens.com
Visit website: www.oceancrestresort.com
at raymondd@norris-stevens.com
Visit website: www.oceancrestresort.com
PROPERTY FACTS
| Price | $7,750,000 |
| Price Per Room | $180,233 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 8.19 AC |
| Building Size | 40,033 SF |
| No. Rooms | 43 |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2022 |
| Parking Ratio | 1.05/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
AMENITIES
- Balcony
- Fitness Center
- Pool
- Restaurant
- Spa
- High Speed Internet Access
- Patio
- On-Site Bar
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 15 | $309.00 | - |
| Guest Room | 28 | $238.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,593,267 | |
| Land Assessment | $2,291,055 | Total Assessment | $5,884,322 |
ZONING
| Zoning Code | R3 (Resort Residential) |
