The Ocean Cove Inn is a great little vacation rental motel in the amazing Yachats community. This group of nine well decorated, ocean-view rooms boast large windows, hardwood floors, and a great central location. Each unit sleeps at least two guests (a couple sleep four), and all have at least a small sitting area with TVs, cable, and WiFi, while some have sofas and full kitchens! There is outdoor seating on a deck out front with gorgeous ocean views! Close to everything in Yachats, including nearby, a bluff trail runs through town with amazing ocean views. This vacation rental is turnkey managed and being sold in full operational order. The property is being offered at a 6% capitalization rate with an owner projected potential 10% cap rate.
Off market
$968,600
180 Prospect Ave, Yachats, OR 97498
9beds
9baths
1,812sqft
MultiFamily
Built in 1990
-- sqft lot
$968,600 Zestimate®
$535/sqft
$1,506 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
Cooling
- Other
Interior area
- Total interior livable area: 1,812 sqft
Property
Parking
- Total spaces: 11
Features
- Levels: One and One Half
- Exterior features: Other
Lot
- Size: 0.32 Acres
Details
- Zoning: C-1 Commercial
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1990
Utilities & green energy
- Electric: On Property
- Sewer: Public
Community & neighborhood
Location
- Region: Yachats
Other
Other facts
- Miscellaneous: Sq Ft Per: County Assessor
- Hwy 101: East Side
- Status: Active
- State/Province: OR
- Garage Stall: 0
- View: Ocean
- Style: Traditional
- Street Surface: Paved
- Electric: On Property
- Frontage: Highway
- Siding: Other
- Roof: Other
- Sewer: Public
- Heating/Cooling: Other - Heat, Other - Cooling
- Zoning: C-1 Commercial
- Major Area: Yachats
- Foundation: Other
- Water: Public
- Levels: One and One Half