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180 Prospect Ave

Yachats, OR 97498
  • $2,200,000
  • STATUS: Active
  • ON SITE: 1652 Days
  • MLS #: 20-2245
UPDATED: 43 min ago
$2,200,000
  • 9
    BEDS
  • 0.32
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 1,812
    SQFT
  • $1,214
    $/SQFT
Neighborhood:
Na
Type:
Multi-Family
Built:
1990
County:
Area:

School Ratings & Info

Description

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.

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© 2025 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coho Realty. Data last updated: 2025-04-25T18:37:33.14.
www.coho.realty/homes/111035538
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180 Prospect Ave Yachats, OR 97498

  • Price: $2,200,000
  • Status: Active
  • On Site: 1652 Days
  • Updated: 43 min ago
  • MLS #: 20-2245
9
Beds
9
Baths
0
½ Baths
0.32
Acres
1,812
SQFT
$1,214
$/SQFT
1990
Built
Neighborhood:
Na
County:
Lincoln
Area:
Yachats
Property Description
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.
Exterior Features

External Features Parking Spaces 11.00 Foundation Other Frontage Highway Garage Type None Levels One And One Half Roof Other Siding Other Street Surface Paved Style Traditional

Interior Features

Basement No Heating Cooling Other - CoolingOther - Heat Miscellaneous Inclusions Fully Furnished

Property Features

3rd Party Approval No Association No Bank Lender Owned No CCAnd Rs No Cross Street E. 2nd St. Electric On Property Expense Expenses 165468.00 Expense Financials Available Yes Gas None Hwy101 East Side Income Gross Income 294515.00 Primary View Ocean Secondary View None Sellers Terms 1031CashSubmit Sewer Public Short Sale No Tax Year 2019 Taxes 7278.07 Water Public Zoning C-1 Commercial

© 2025 Lincoln County Multiple Listing Service, Inc. All rights reserved. Listing provided courtesy of Vacasa Real Estate Llc: .


© 2025 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coho Realty. Data last updated: 2025-04-25T18:37:33.14.
 
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500 Liberty St SE, Suite 410
Salem OR, 97301