Alsi Resort

Highlights:

• Motivated Seller - Price Reduced by $1.3 Million
• Well-Appointed Resort on the Beautiful Oregon Coast Near Alsea Bay
• The Resort Features a Spacious Ballroom That Can Accommodate Events of Up to 150 People
• Steps From the Alsea River and Alsea Bay, With Easy Beach Access to the Pacific Ocean
• All Guest Rooms at the Back of the Resort Offer Picturesque Views of the Bay
• Excellent Location Along Oregon's Central Coast, off of U.S. Route 101

Description:

David Tabata // Broker of Record // License OR 201224889

Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.

Marcus & Millichap has been chosen to exclusively market for sale the Alsi Resort, a two-story resort located on the Oregon Coast in Waldport, Oregon. The Alsi Resort consists of 85 interior corridor guest rooms, Waves Restaurant & Lounge, an outdoor pool, and a spacious ballroom that can accommodate events up to 150 people. Currently, 10 guest rooms are out of operation and are being used for housekeeping and storage. All guest rooms at the back of the resort offer picturesque views of the bay. Nestled along the stunning Oregon Coast, the Alsi Resort offers prime access to both Alsea River and Alsea Bay, just steps away from the water and with easy beach access to the Pacific Ocean.

The Alsi Resort represents the opportunity to acquire a destination resort in a tourism market. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Oregon Coast region, and the property is offered based on a Pro Forma. Current operating statements are not available.

The property is part of the Bayshore Beach Club organization, a homeowners association in Waldport, Oregon.

Click Here For Offering Memorandum: https://allredhotelgroup.com/?propertyId=WaldportORAlsiResort

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