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For Sale

Myrtle Trees Motel

1010 8th St,
Myrtle Point, OR 97458

Asset Snapshot

1966
Year Built
2
Floor Count
1
Building Count

Offering Summary

Investment Overview

Myrtle Trees Motel is a 29-unit independent motel at 1010 8th St in Myrtle Point, Oregon. Built in 1966 with a new roof in 2017, the 2-story exterior-corridor property sits on 3.39 ± acres along the Highway-42 gateway corridor. The property includes 28 rentable guest rooms plus an extensive 4bd/3ba owner/manager's residence (~2,147 SF), on-site surface parking, a scenic gazebo, and a Coquille wetlands overlook. An adjoining tax lot under the same ownership — eight legally platted lots of record — adds roughly 0.95 acres of additional development land (including adjoining vacated street right-of-way).


Investment Highlights

  • The only motel in Myrtle Point, giving the property a rare absence of direct in-town competition and a built-in base of local and pass-through demand
  • 29 units total, including 28 rentable guest rooms and a spacious 4-bedroom, 3-bathroom owner's residence of approximately 2,147 SF, well suited to an owner-operator
  • Approximately 0.95 acres of adjoining development land included in the sale, consisting of eight legally platted lots of record under the same ownership, offering room to add keys or pursue future development
  • Prime Highway 42 corridor location on 3.39 acres, capturing coast-bound leisure traffic on the primary connector between I-5 at Roseburg and the Oregon South Coast and overlooking the scenic Coquille River wetlands
  • Consistently top-rated at 4.6 stars on TripAdvisor and 4.5 stars on Google, re-roofed in 2017, and conveying fully unencumbered

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Listing Syndicated From

Buildout
For Sale
$2,695,000
Asking Price