637 East Main Street, Ashland, OR 97520
Listing Presented By
Ashland Homes Real Estate Inc.
Commercial - Ashland, OR
Here's your opportunity to own a stand-alone travelers accommodation very near downtown Ashland. Currently professionally managed yielding 7.2% cap rate, keep it running this way, or step in, increase your return and put your own touch on the business. Nine travelers accommodations on two tax lots with long-term operations history. Currently part of Anne Hathaway's B & B and Cottages. These 9 units are the cottages portion. Commercial zoning means owners need not live on premises. Made up of several buildings; one is 1890, one is 1900 and one is a two-story new construction in 2009. There is a common garden/club house area and off street parking. Strong financials and repeat clientele. There is upside for this business by more aggressively promoting winter business.
Built In: 1900
Last Updated: September 16, 2016
Posted: September 16, 2016