4430 Hwy 101, Lincoln City, OR 97367-1541
Exceptional investment opportunity: a 62-key Best Western Plus hotel in Lincoln City, Oregon. This three-story, interior-corridor property boasts 38,876 square feet on a 71,103 square foot lot (APN: 074-11-27-DB-00500), situated at 4430 SE Hwy 101, Lincoln City, OR 97367. Built in 1993, the property features two buildings and offers stunning bay views from the majority of its king and queen-bedded guest rooms, many with balconies. Amenities include an indoor pool. The hotel recently received a "Director's Award" for top-tier cleanliness, maintenance, and customer service. Its General Commercial (G-C) zoning provides flexibility. Located just five miles from Chinook Winds Casino, which offers a complimentary weekend shuttle and various year-round entertainment, this hotel presents a strong return on investment potential, priced well below replacement cost. The asking price is $6,900,000 ($177.49/sq ft). This coastal gem offers a unique blend of comfort, convenience, and lucrative investment potential. The property is zoned for General Commercial use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
G-C;GENERAL COMMERCIAL · Lincoln City, ORLincoln City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.