681 Ocean Shores Blvd Ocean Shores, WA 98569
- Hospitality properties
- 13,532 SF
- 2.28 lot acres
Current Use by Public Records
- Ocean Shores Resort / Motel
- Americas Best Value Inn Ocean Shores / Motel / Hotel
Property Details for 681 Ocean Shores Blvd
- Year built
- 1960
- Lot size
- 2.28 lot acres
- Property size
- 13,532 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
The Ocean Shores Resort, located at 681 Ocean Shores Blvd NW, Ocean Shores, WA 98569, presents a compelling investment opportunity. This established hospitality property boasts 40 exterior corridor rooms, all completely remodeled in 2019, offering immediate revenue potential. Situated on a 2.28-acre lot in Grays Harbor County, the resort comprises two buildings, each rising to twelve stories, totaling 13,532 square feet. Built in 1960, the property benefits from recent renovations, ensuring modern amenities and guest comfort. The asking price is $4,000,000, translating to $295.60 per square foot. This represents a strong value proposition in the thriving Ocean Shores market. Owner financing is available, making this an attractive option for investors seeking a flexible acquisition strategy. The resort's prime oceanside location and updated facilities position it for continued success in the competitive hospitality sector. This turnkey operation offers a rare chance to acquire a well-maintained, high-performing hotel with significant upside potential. The property's strong location and recent renovations make it an ideal investment for experienced hospitality operators or those seeking a stable, income-generating asset.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ocean Shores
- County
- Grays Harbor
- State
- Washington
- Longitude
- -124.166
- Latitude
- 47.0052
