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) |