Offering Memorandum Hotel Garibaldi

INVEST IN COASTAL LUXURY

INVEST IN COASTAL LUXURY

HOTEL GARIBALDI NOW AVAILABLE

New Listing

Hotel Garibaldi

520 GARIBALDI AVENUE

Garibaldi, oregon 97118

BAYMONT INN & SUITES

ANDERSON, CA

Comfort suites - near the galleria

Houston, tx

New Listing

BAYMONT INN & SUITES

ANDERSON, CA

Hotel Garibaldi Now Available

Hotel Garibaldi

520 GARIBALDI AVENUE

Garibaldi, oregon 97118


Property Information

Introducing the Hotel Garibaldi, a boutique hotel located in the coveted, high-demand market of the Oregon Coast. Located in the heart of Garibaldi, this boutique property features 50 well-appointed rooms, each meticulously designed to provide guests with unparalleled comfort and convenience.


This prime location makes Hotel Garibaldi an ideal destination for both leisure and business travelers seeking a serene coastal experience. The Tillamook Bay offers scenic views and outdoor adventures, while the historic Oregon Coast Scenic Railroad provides a nostalgic journey through the region’s landscapes. Additionally, numerous local shops and eateries add to the hotel’s appeal, offering a unique experience.


The Hotel Garibaldi is well-maintained and thoughtfully appointed, ensuring that every guest enjoys a comfortable and unforgettable experience, making it an exceptional investment opportunity in a high-barrier-to-entry market.


Below are some of the over 1,000 reviews the property has received from their guests:


"Very good experience. Great breakfast”


“Clean! Friendly and professional front desk staff."


"Morning breakfast was excellent. Great variety and fresh."


"We liked the small town feel and being super close to The Oregon Scenic Railroad. The staff was extremely friendly and helpful."


"Clean. Check-in was easy. Everything we needed was within walking distance. Thumbs up."


"Very friendly staff, great breakfast, and everything was clean."

Video link to tour of Garibaldi Area 

Price: $5,500,000 / $110,000 per unit

Number of Units: 50

Stories / Corridor: 3 / Interior

Elevator: Yes

Acreage: .69 AC

Year Built: 1998

Property Scale Boutique/Upper Mid Scale
Upside: The Hotel Garibaldi presents a significant upside for potential investors. Located in a high destination area on the Oregon Coast, the property benefits from steady tourist traffic and a vibrant local economy. With further expense management, there is ample opportunity to enhance profitability and operational efficiency. Additionally, leveraging the existing group business on the coast can drive higher occupancy rates and increase revenue. These factors combined make the Hotel Garibaldi an attractive investment with substantial growth potential.


Photos Click Here


Property Information

Introducing the Hotel Garibaldi, a boutique hotel located in the coveted, high-demand market of the Oregon Coast. Located in the heart of Garibaldi, this boutique property features 50 well-appointed rooms, each meticulously designed to provide guests with unparalleled comfort and convenience.


This prime location makes Hotel Garibaldi an ideal destination for both leisure and business travelers seeking a serene coastal experience. The Tillamook Bay offers scenic views and outdoor adventures, while the historic Oregon Coast Scenic Railroad provides a nostalgic journey through the region’s landscapes. Additionally, numerous local shops and eateries add to the hotel’s appeal, offering a unique experience.


The Hotel Garibaldi is well-maintained and thoughtfully appointed, ensuring that every guest enjoys a comfortable and unforgettable experience, making it an exceptional investment opportunity in a high-barrier-to-entry market.


Below are some of the over 1,000 reviews the property has received from their guests:


"Very good experience. Great breakfast”


“Clean! Friendly and professional front desk staff."


"Morning breakfast was excellent. Great variety and fresh."


"We liked the small town feel and being super close to The Oregon Scenic Railroad. The staff was extremely friendly and helpful."


"Clean. Check-in was easy. Everything we needed was within walking distance. Thumbs up."


"Very friendly staff, great breakfast, and everything was clean."

Price: $5,500,000 $5,250,000

Number of Units: 50

Stories / Corridor: 3 / Interior

Elevator: Yes

Acreage: .69 AC

Year Built: 1998

Property Scale:  Boutique/Upper Mid Scale

Upside: The Hotel Garibaldi presents a significant upside for potential investors. Located in a high destination area on the Oregon Coast, the property benefits from steady tourist traffic and a vibrant local economy. With further expense management, there is ample opportunity to enhance profitability and operational efficiency. Additionally, leveraging the existing group business on the coast can drive higher occupancy rates and increase revenue. These factors combined make the Hotel Garibaldi an attractive investment with substantial growth potential.


Photos Click Here


LISTING UPDATE

The offering


Investment Highlights:

  • Exceeding 2024 budget / on track for 2022 numbers
  • Owner is out of State
  • Boutique brand
  • No management company
  • No deferred maintenance


Amenities: Interior

  • Indoor pool and spa
  • Breakfast buffet
  • Upgraded WiFi
  • Elevator


Investment Highlights:

  • Exceeding 2024 budget / on track for 2022 numbers
  • Owner is out of State
  • Boutique brand
  • No management company
  • No deferred maintenance


Amenities:

  • Indoor pool and spa 
  • Breakfast buffet
  • Upgraded WiFi
  • Elevator



BROKER OF RECORD:

Cameron Schwab

Keller Williams Realty Portland Premiere

16365 Boones Ferry Rd, Lake Oswego, OR 97035

Oregon Licensed Commercial Broker

License #201220872

SELLER AGENT:
Dan Hayward 

KW Commercial 

548 Gibson Drive, #200 Roseville, CA 95678 

CalBRE #01349057

Disclaimer:

Please avoid direct contact with the hotel's staff, management, or vendors regarding additional information or scheduling site visits related to this investment opportunity associated with the Hotel Investments Team.


To obtain comprehensive details about this investment prospect, complete the confidentiality agreement or get in touch with an assigned representative from the Hotel Investments Team. Please be aware that access to specific hotel information is subject to discretionary approval by both the Seller and the Hotel Investments Team. Executing the confidentiality agreement does not establish any specific commitment to provide such information.


While the information provided originates from what is believed to be credible sources, we have not conducted independent verification, thereby being unable to provide any guarantees, warranties, or representations. Any forecasts, opinions, assumptions, or estimations are purely for illustrative purposes and may not accurately depict the current or future performance of the hotel. It is strongly recommended that you and your advisors perform a thorough and independent evaluation of the hotel's suitability for your investment objectives.

Investment Sales Contacts

Dan Hayward

danhayward@kw.com

BROKER OF RECORD:
Cameron Schwab
Keller Williams Realty Portland Premiere
16365 Boones Ferry Rd, Lake Oswego, OR 97035
Oregon Licensed Commercial Broker
License #201220872

Disclaimer:

Please avoid direct contact with the hotel's staff, management, or vendors regarding additional information or scheduling site visits related to this investment opportunity associated with the Hotel Investments Team.


To obtain comprehensive details about this investment prospect, complete the confidentiality agreement or get in touch with an assigned representative from the Hotel Investments Team. Please be aware that access to specific hotel information is subject to discretionary approval by both the Seller and the Hotel Investments Team. Executing the confidentiality agreement does not establish any specific commitment to provide such information.


While the information provided originates from what is believed to be credible sources, we have not conducted independent verification, thereby being unable to provide any guarantees, warranties, or representations. Any forecasts, opinions, assumptions, or estimations are purely for illustrative purposes and may not accurately depict the current or future performance of the hotel. It is strongly recommended that you and your advisors perform a thorough and independent evaluation of the hotel's suitability for your investment objectives.

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