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The Blue Octopus Rockaway Beach 105 S 6th Ave 6 Room Hotel Rockaway Beach, OR 97136 $2,387,420 CAD ($397,903 CAD/Room) 8.23% Cap Rate
Executive Summary
Nestled in the heart of Rockaway Beach, Oregon, The Blue Octopus is a thriving boutique 6 unit hotel offering a collection of charming, retro-inspired cottages just off the beach. With ocean views and beach access right outside your door, this profitable property presents an incredible investment opportunity. Bright, clean, and cozy, each unit provides a comfortable retreat with unique decor that keeps guests returning time and again. Experience the perfect blend of comfort, charm, and coastal beauty at The Blue Octopus—your home away from home in Rockaway Beach and a lucrative business venture.
Last Updated:
Last Updated:
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$374,929
|
$116.98
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$374,929
|
$116.98
|
| Taxes |
$5,085
|
$1.59
|
| Operating Expenses |
$173,437
|
$54.11
|
| Total Expenses |
$178,522
|
$55.70
|
| Net Operating Income |
$196,407
|
$61.28
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $374,929 |
| Annual Per SF | $116.98 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $374,929 |
| Annual Per SF | $116.98 |
| Taxes (CAD) | |
|---|---|
| Annual | $5,085 |
| Annual Per SF | $1.59 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $173,437 |
| Annual Per SF | $54.11 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $178,522 |
| Annual Per SF | $55.70 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $196,407 |
| Annual Per SF | $61.28 |
Property Facts
| Price | $2,387,420 CAD | Building Size | 3,205 SF |
| Price Per Room | $397,903 CAD | No. Rooms | 6 |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.23% | Year Built | 2008 |
| Property Type | Hospitality | Parking Ratio | 1.87/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 0.12 AC | ||
| Zoning | RK-R-R | ||
| Price | $2,387,420 CAD |
| Price Per Room | $397,903 CAD |
| Sale Type | Investment |
| Cap Rate | 8.23% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 3,205 SF |
| No. Rooms | 6 |
| No. Stories | 1 |
| Year Built | 2008 |
| Parking Ratio | 1.87/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | RK-R-R |
Amenities
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $173.26 CAD | - |
1 1
Not walkable
10/100
Very drivable
80/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R0014512 | Total Assessment | $512,831 CAD |
| Land Assessment | $107,120 CAD | Annual Taxes | $5,085 CAD ($1.59 CAD/SF) |
| Improvements Assessment | $405,711 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
R0014512
Land Assessment
$107,120 CAD
Improvements Assessment
$405,711 CAD
Total Assessment
$512,831 CAD
Annual Taxes
$5,085 CAD ($1.59 CAD/SF)
Tax Year
2025
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The Blue Octopus Rockaway Beach | 105 S 6th Ave
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