Hotel Garibaldi | 502 Garibaldi Ave
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Hotel Garibaldi 502 Garibaldi Ave
50 Room Hotel Garibaldi, OR 97118 $7,441,717 CAD ($148,834 CAD/Room) 9% Cap Rate
Investment Highlights
- High Barrier Market, Boutique Branded, Interior Corridor with an Elevator
Executive Summary
Introducing the Hotel Garibaldi, a boutique hotel located in the coveted, high-demand market of the Oregon Coast. Located in the heart of Garibaldi, this boutique property features 50 well-appointed rooms, each meticulously designed to provide guests with unparalleled comfort and convenience.
This prime location makes Hotel Garibaldi an ideal destination for both leisure and business travelers seeking a serene coastal experience. The Tillamook Bay offers scenic views and outdoor adventures, while the historic Oregon Coast Scenic Railroad provides a nostalgic journey through the region’s landscapes. Additionally, numerous local shops and eateries add to the hotel’s appeal, offering a unique experience.
The Hotel Garibaldi is well-maintained and thoughtfully appointed, ensuring that every guest enjoys a comfortable and unforgettable experience, making it an exceptional investment opportunity in a high-barrier-to-entry market.
Below are some of the over 1,000 reviews the property has received from their guests:
“Very good experience. Great breakfast”
“Clean! Friendly and professional front desk”
“Morning breakfast was excellent. Great variety and fresh”
“We liked the small town feel and being super close to The Oregon Scenic Railroad. The staff was extremely friendly and helpful”
“Clean. Check-in was easy. Everything we needed was within walking distance. Thumbs up”
“Very friendly staff, great breakfast, and everything was clean”
To sign an online NDA or register your Buyer, please go the this link: https://www.hotelinnvestments.com/offering-memorandum-hotel-garibaldi
This prime location makes Hotel Garibaldi an ideal destination for both leisure and business travelers seeking a serene coastal experience. The Tillamook Bay offers scenic views and outdoor adventures, while the historic Oregon Coast Scenic Railroad provides a nostalgic journey through the region’s landscapes. Additionally, numerous local shops and eateries add to the hotel’s appeal, offering a unique experience.
The Hotel Garibaldi is well-maintained and thoughtfully appointed, ensuring that every guest enjoys a comfortable and unforgettable experience, making it an exceptional investment opportunity in a high-barrier-to-entry market.
Below are some of the over 1,000 reviews the property has received from their guests:
“Very good experience. Great breakfast”
“Clean! Friendly and professional front desk”
“Morning breakfast was excellent. Great variety and fresh”
“We liked the small town feel and being super close to The Oregon Scenic Railroad. The staff was extremely friendly and helpful”
“Clean. Check-in was easy. Everything we needed was within walking distance. Thumbs up”
“Very friendly staff, great breakfast, and everything was clean”
To sign an online NDA or register your Buyer, please go the this link: https://www.hotelinnvestments.com/offering-memorandum-hotel-garibaldi
Property Facts
Amenities
- Business Center
- Fitness Center
- Restaurant
- Spa
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $187.11 CAD | - |
| Guest Room | 48 | $127.57 CAD | - |
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PROPERTY TAXES
| Parcel Number | R0005684 | Improvements Assessment | $2,804,195 CAD |
| Land Assessment | $577,216 CAD | Total Assessment | $3,381,411 CAD |
PROPERTY TAXES
Parcel Number
R0005684
Land Assessment
$577,216 CAD
Improvements Assessment
$2,804,195 CAD
Total Assessment
$3,381,411 CAD
zoning
| Zoning Code | C |
| C |
-
Dan Hayward -
KW Commercial
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Hotel Garibaldi | 502 Garibaldi Ave
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