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The Wall Street Journal Online

Lakefront Living on the Oregon Coast.

Westlake, Oregon (Douglas County)

Photo Available
Asking Price:
$825,000
Gross Income:
N/A
Cash Flow:
N/A
FF&E:
$85,000.00 *
Inventory:
N/A
Real Estate:
$695,000.00 *
Year Established:
1964
Employees:
n/a
Business Types:
Hotels & Other Lodging Places
Amusement & Recreation

* included in the asking price

Business Description

-- RV PARK on the Lakefront with three homes (Cabins), a Bungalow, 40 RV sites and Boat Docks with approximately 1000 foot of shore line on Siltcoos Lake. Camping like you remember in the old days. Limited competition.

The best of both worlds: Work and live in the same location.

Cool Coastal Living with Ocean breezes on Siltcoos Lake. With your management and marketing skill there is greater potential to significantly increase Revenue and Net Income. RV Park is licensed for 62 Sites. Large repeat customer base.

The property is currently operated on a year round basis with the summer and fall being the largest draw for visitors on the Oregon coast. The lake is open year round to fishing and the exposure of the fall Native Coho Salmon fishery is growing each year.

This is truly a unique opportunity and we encourage you see how this property can be a lifestyle change for you.

Revenue is increasing over prior year.

Additional information can be seen from the website: adaresort.com

We encourage you to take some time and see how this property will fit into your plans.

Detailed Information

Facilities:
Buildings cover approx. 7,000 Square Feet. The Store accommodates check in, groceries and fishing supplies. The Lake view Owners home, 3 bedroom, 1 bath, full walkout basement. Guest rentals include our spacious one and two bedroom cabins, bungalow as well as bath house, restrooms, laundry and recreation room. The RV Park is located along the 1,000 foot of lake frontage.
Competition:
Very Limited competition. This is a one of a kind location.
Growth/Expansion:
Property is zoned Rural Commercial which allows for most any purpose as long as the property can support it.
Financing:
Buyer to arrange.
Support/Training:
Available as needed to the buyer
Reason Selling:
Change of direction in life.
Contact Seller

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Business For Sale Listed By

Jeremy Hicks

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