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Off market
  • $911,200

    180 Prospect Ave, Yachats, OR 97498

    9beds
    9baths
    1,812sqft
    MultiFamily
    Built in 1990
    -- sqft lot
    $911,200 Zestimate®
    $503/sqft
    $2,050 Estimated rent

    Home value

    $911,200

    $784,000 - $1.08M

    $2,050/mo

    Zestimate® history
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    $2,050/mo

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    Rent Zestimate®

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    $5,516/mo

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    $5,516/mo

    Est. payment

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    What's special

    The Ocean Cove Inn is a great little vacation rental motel in the amazing Yachats community. This group of nine well decorated, ocean-view rooms boast large windows, hardwood floors, and a great central location. Each unit sleeps at least two guests (a couple sleep four), and all have at least a small sitting area with TVs, cable, and WiFi, while some have sofas and full kitchens! There is outdoor seating on a deck out front with gorgeous ocean views! Close to everything in Yachats, including nearby, a bluff trail runs through town with amazing ocean views. This vacation rental is turnkey managed and being sold in full operational order. The property is being offered at a 6% capitalization rate with an owner projected potential 10% cap rate.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 9
    Cooling
    • Other
    Interior area
    • Total interior livable area: 1,812 sqft

    Property

    Parking
    • Total spaces: 11
    Features
    • Levels: One and One Half
    • Exterior features: Other
    Lot
    • Size: 0.32 Acres
    Details
    • Zoning: C-1 Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1990

    Utilities & green energy

    • Electric: On Property
    • Sewer: Public

    Community & neighborhood

    Location
    • Region: Yachats

    Other

    Other facts
    • Miscellaneous: Sq Ft Per: County Assessor
    • Hwy 101: East Side
    • Status: Active
    • State/Province: OR
    • Garage Stall: 0
    • View: Ocean
    • Style: Traditional
    • Street Surface: Paved
    • Electric: On Property
    • Frontage: Highway
    • Siding: Other
    • Roof: Other
    • Sewer: Public
    • Heating/Cooling: Other - Heat, Other - Cooling
    • Zoning: C-1 Commercial
    • Major Area: Yachats
    • Foundation: Other
    • Water: Public
    • Levels: One and One Half

    Price history

    DateEventPrice
    3/16/2021Listing removed--
    Source: OCMLS Report a problem
    10/14/2020Listed for sale$2,200,000$1,214/sqft
    Source: Vacasa Real Estate #20598174 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 97498

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Crestview Hghts
    • Middle: Waldport
    • High: Waldport

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.