437 chetco ave kcb hospitality llc · path to pet area dscn0816 property photos 437 chetco ave 437...

Price: $1,990,000

Motel - 3 wings originally built in 1955 (masonry)added on in 1986 and 2004 (wood frame). 3separate types of building and price points fromeconomy (standard rooms) to midscale (deluxerooms) to upscale (premium rooms). All but 3rooms (deluxe double queens) are ground level.Motel has been American owned and operatedsince 2007 with special attention to details andongoing improvements. Motel was originally builtas a "fishing lodge" with garages and connectingdoors to rooms which included kitchens at onetime. Kitchens are now converted to a secondbedroom and garages eliminated except one(used for storage). Motel has a strong reputationof cleanliness, comfort and friendliness with a highreturn customer base. Motel is historically knownas "Beaver State Lodge" and remains the oldestactive motel in Brookings/Harbor as well ascelebrates the newest built rooms in Brookings(2004).

437 Chetco AvePresented byKcb Hospitality Llc

437 Chetco Ave, Brookings, OR 97415

Recently reduced price! Great investment opportunity for first timehotelier, or hotel investment for experienced hotel investor. Potential forbrand naming as no hotels are branded in Brookings, or Curry County.Independent hotel with strong Gross revenues and NOI. Trip Advisorreviews place hotel at # 3 of 9 in the area, but #1 of 6 in Brookings citylimits. Currently 28 rentable rooms with one room Maintenancemanager's apartment, and one room a part of manager's residence. Bothrooms could be turned into additional revenue, or perhaps a breakfastroom, or employee break room, etc. Managers residence includes livingroom, dining room, kitchen, bedroom, and 2 bathrooms (square footageapprox. 800). Upgrades throughout property include ceiling fans in non-airconditioned rooms (14 rooms), painting inside and out, water lineupgrades, 5 hot water heaters and separate building water line shut-offs.New commercial washing machine and upgrades to commercial dryer.Great potential for live in owner, or live in manager with absentee owner.Strong staff in place, turn key operation both housekeeping/laundry andfront desk. High visibility located on Hwy 101 (Chetco Avenue) on southside of Brookings downtown, no hotels within 1/2 mile (only 6 inBrookings). Occupancy, ADR, RevPAR #'s available from 2014 to

Ken [email protected](541) 661-0014

Kcb Hospitality Llc

Brookings, OR 97415

437 Chetco Ave437 Chetco Ave, Brookings, OR 97415

mailto:[email protected]

present. Strong tourism base (June through September), as well ascontractors, fishing, and local referral business through Fall, Winter, andSpring (October through May).

Location / Heavy traffic Hwy 101/Chetco Avenue, south side of Brookings

Convenience to original downtown of Brookings

Convenience to Port of Brookings Harbor & Chetco River

Closest Hotel/Motel to all 3 of the K-12 schools and Azalea Park Sports complex

Manager apartment is 3 rooms/2 bathrooms with a full kitchen

Premium double queen

Landscaping island

Unit/Room Mix Information

Description No. Rooms Avg. Daily RateStandard single room 7 65

Deluxe 2 room/2 beds mini-suite 4 68

Deluxe double queen 6 75

Premium 2 queens or 1 king 12 85

Family Room 2 queens/queensofa sleeper

1 90


Deluxe wing & premium wing Main landscaping island

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Premium King pet friendly Deluxe double queen pet friendly

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Deluxe double queen upstairs Landscaping island

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West side main wing East side pet area

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Path to pet area DSCN0816

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122 BathSink DSCN0786

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437 chetco ave kcb hospitality llc · path to pet area dscn0816 property photos 437 chetco ave 437...

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