1175 2nd St SE Bandon, OR 97411
Estimated payment $9,519/month
Highlights
- RV Access or Parking
- Landscaped with Trees
- Laundry Facilities
- View of Trees or Woods
- Zoned Heating
- Level Lot
About This Home
UPDATED & REBRANDED IN 2022, this STYLISH Boutique Motel & RV Park is a TURNKEY, PROFITABLE operation that’s immaculately maintained & ready for new ownership. The b.side motel+rv features 10 UNIQUELY CURATED rooms (each w/its own private bath), offering a perfect blend of MODERN & VINTAGE style. Guests enjoy COMFORTABLE, CLEAN accommodations with PREMIUM mattresses, high-end linens, REFRIGERATORS, MICROWAVES, TVS, & HIGH-SPEED WIFI. A recently UPDATED manager’s unit includes 2 spacious bedrooms, 2 baths, & a full kitchen, ideal for an ON-SITE MANAGER or as an additional RENTAL OPPORTUNITY. A fully equipped housekeeping facility behind the motel ensures smooth daily operations. The RV PARK offers a serene, welcoming ambiance w/GORGEOUS LIGHTING, lush GREENERY, & SAFE, peaceful accommodations. There are 8 RV spaces that accommodate rigs ranging from 21-38ft, each offering FULL HOOKUPS, including SEWAGE & WATER. Additionally, there are 2 tent/car camping sites & 2 private, guest-only RV bathrooms w/COIN-OPERATED laundry. This property is the only 100% DOG-FRIENDLY motel in Bandon, offering additional revenue opportunities. Surrounded by tall trees, the grounds feature inviting OUTDOOR SPACES for guests. Conveniently located near Old Town Bandon, the beach, & world-renowned Bandon Dunes Golf Resort. An AUTOMATED, SECURE SELF-CHECK-IN SYSTEM eliminates the need for full-time on-site management, while the ONLINE BOOKINGS system ensures a low-friction guest experience. A growing SOCIAL MEDIA PRESENCE & website build guest loyalty, & TECHNOLOGY UPGRADES enhance efficiency & access to VALUABLE CUSTOMER DATA. Since rebranding, occupancy & revenue have SIGNIFICANTLY INCREASED, & the property boasts EXCELLENT REVIEWS, being the highest-rated motel in Bandon on Google. This IMPECCABLE OPPORTUNITY offers an 8.98% CAP RATE based on the list price of $1,650,000, with all marketing, guest management, housekeeping, maintenance, furnishings & equipment included.
Co-Listing Agent
Pacific Properties Brokerage Phone: 541-290-9597 License #200002172
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,457
Year Built
- Built in 1949 | Remodeled
Lot Details
- 1.13 Acre Lot
- Level Lot
- Landscaped with Trees
Property Views
- Woods
- Territorial
Home Design
- Composition Roof
- Stucco Exterior
Interior Spaces
- 1-Story Property
Parking
- 32 Parking Spaces
- RV Access or Parking
Schools
- Ocean Crest Elementary School
- Harbor Lights Middle School
- Bandon High School
Utilities
- No Cooling
- Zoned Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 2267701
Community Details
Amenities
- Laundry Facilities
Building Details
- Operating Expense $302,018
- Gross Income $453,736
- Net Operating Income $151,718
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,457 | $397,030 | -- | -- |
| 2023 | $4,340 | $385,470 | $0 | $0 |
| 2022 | $4,358 | $374,250 | $0 | $0 |
| 2021 | $4,187 | $363,350 | $0 | $0 |
| 2020 | $3,801 | $363,350 | $0 | $0 |
| 2019 | $3,789 | $342,500 | $0 | $0 |
| 2018 | $3,563 | $332,530 | $0 | $0 |
| 2017 | $3,481 | $322,850 | $0 | $0 |
| 2016 | $3,373 | $313,450 | $0 | $0 |
| 2015 | $3,249 | $304,330 | $0 | $0 |
| 2014 | $3,273 | $295,470 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Price Changed | $1,650,000 | -8.3% | -- |
| 03/06/2025 03/06/25 | For Sale | $1,800,000 | 0.0% | -- |
| 03/02/2025 03/02/25 | Pending | -- | -- | -- |
| 12/16/2024 12/16/24 | For Sale | $1,800,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $1,050,000 | Ticor Title Coquille | |
| Warranty Deed | $337,000 | Ticor Title Company Of Or |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $578,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $0 | No Value Available | |
| Previous Owner | $262,500 | Commercial |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24393653
APN: 1002267701
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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