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14593908
14593907

109480 US-97, Chemult, OR 97731

ET
OR 201245391
Compass Commercial Real Estate Services
DK
OR 201203140
Compass Commercial Real Estate Services
Listed by Compass Commercial Real Estate Services
$600,000
878 days on market
Updated 8 days ago

Budget Inn Motel

Details
Property Type Hospitality
Sub Type Motel
Square Footage 6,106
Price per SqFt $98
Year Built 1973
Buildings 1
Stories 1
Acreage 1.730
Zoning R5-Rural Residential
Parking Spaces 21 spaces
Parking Per SqFt 3.44
Investment Type Value Add

Reduced price!

Marketing description

Budget Inn Motel located at 109480 US-97, Chemult, OR 97731, offers a unique investment opportunity or ideal for an owner-user. Priced at $750,000, this property boasts two motel buildings with a total of 20 rooms featuring microwaves and mini-fridges, along with an office building and a cozy cabin with four beds. Situated strategically close to ATV, snowmobile, and hiking trails, it's just 30 miles from the breathtaking Crater Lake National Park. Highlighted by high visibility with 5,418 AADT on Highway 97, this property spans over 1.73 acres across multiple tax lots. With a prime location for hospitality and tourism ventures, this property offers 21 onsite parking spaces and appeals to both investors and those seeking an immersive motel ownership experience. Don't miss this excellent chance to own a piece of charming Chemult, OR, a town buzzing with outdoor activities and endless adventures throughout the seasons!

Investment highlights

  • Two Motel Buildings With 20 Rooms Equipped With Microwaves and Mini-fridges

  • 14 bathrooms renovated and new flooring in the cabin

  • One Office Building With an Attached Residence

  • One House With Four Beds, Full Bathroom, and Kitchen

  • Strategic Location Near Atv, Snowmobile, and Hiking Trails

  • Approximately 30 Miles From Crater Lake National Park

  • High Visibility and Traffic Counts of 5,418 Aadt on Highway 97

  • Appealing Owner User or Investment Opportunity for Hospitality and Tourism

Listing Contacts

ET
OR 201245391
Compass Commercial Real Estate Services
DK
OR 201203140
Compass Commercial Real Estate Services
Listed by Compass Commercial Real Estate Services

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Additional Information

Name
Emilio Tiscareno
License
201245391
Brokerage Phone
541-383-2444
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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