The small resort town of Seaside on the northern Oregon coast, will soon be home to a new upscale condo-hotel. Rivertide Suites is set to open on August 21. The hotel offers studios and one and two-bedroom suites which are located three blocks from the Pacific Ocean. The suites all have private balconies, full kitchens, cable HDTV with DVD player and fireplaces. Hotel amenities include complimentary breakfast, fitness center, indoor pool and a "Crow's Nest" for roof top viewing of the ocean and mountains.
The less expensive suites have mountain views while the more expensive ones face the river. The units sell from $189,000 for a mountain-facing studio to $439,000 for a two-bedroom with river views. All of the suites can also be put into the hotel's rental program. The listing of units available for sale can be found on the Rivertide real estate website. A two-bedroom suite on the river rents for around $225 per night which seems ambitious for the area currently.
[via Beach Connection]