Address439 S Hemlock St, Cannon Beach, OR 97110 MLS# 16577896 $3,950,000 Closed
Fantastic opportunity to own two charming Cannon Beach hotels, with strong income history and stellar locations. Both hotels are perfectly situated in the heart of the Presidential Streets, with almost two full blocks of exposure on the main thoroughfare. Close to a 10% cap rate, and almost 13% cash on cash return makes this one of the best commercial buys on the North Coast.
Taxes & Fees
Cannon Beach and Manzanita Real Estate – Kamali & Company, Inc.
Gearhart, Oregon 97138
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