754 SW Coast Hwy
Property Description
Newport Bay Motel is a 37-unit limited-service lodging property on US Highway 101 in the heart of Newport, on Oregon’s central coast. The L-shaped, wood-frame building offers roughly 300 feet of highway frontage and a diversified unit mix — standard motel rooms alongside apartment-style units with full kitchens suited to weekly, monthly, and extended-stay occupancy. Amenities include a guest lobby, on-site guest and commercial laundry, and a manager’s unit. Recently acquired out of bank-owned distress, the property is offered as a value-add opportunity. Detailed operating financials are not available; buyers should underwrite on the strength of the real estate, location, and unit mix.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $2,050,000 |
| No. of Units: | 37 |
| Year Built: | 1947 |
| Lot Size: | 0.76 Acres |
| Opportunity Zone: | No |
| Price per unit: | $55,405 |
| Property Website | Click Here |
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