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    109480 Us-97 Chemult, OR 97731

    Sponsored
    For Sale
    $750,000

    Profitable Oregon Motel Near Crater Lake

    Property size:
    6,106 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a well-established motel in Chemult, Oregon, ideally situated along US-97, boasting high visibility and traffic counts of 5,418 AADT. The property encompasses a 1.73-acre lot and features two motel buildings totaling 6,106 square feet, housing 20 rooms equipped with microwaves and mini-fridges. Adding to its appeal is a separate office building with an attached residence, providing additional income potential or owner-operator living space. A four-bedroom house, complete with a full bathroom and kitchen, further enhances the property's versatility. Built in 1973, this property is zoned R5-Rural Residential and offers ample parking for 21 vehicles. Its strategic location near popular ATV, snowmobile, and hiking trails, coupled with its proximity (approximately 30 miles) to the renowned Crater Lake National Park, ensures a consistent stream of tourists and outdoor enthusiasts. The asking price is $750,000, translating to $122.83 per square foot. This presents an appealing opportunity for both owner-users seeking to establish a presence in the hospitality and tourism sector, and investors looking for a strong return on investment in a desirable location. The property's diverse offerings and prime location make it a truly unique and lucrative investment prospect.

    Property Features for 109480 Us-97

    General Information

    Property type
    Motels
    Square Feet
    6,106 SF
    Lot Size
    75,359 SF

    Building Details

    Year Built
    1973
    Buildings
    1

    HighLights

    • Two motel buildings totaling 20 rooms, each with microwave and mini‑fridge.
    • Office building with attached residential unit.
    • Four‑bedroom house with full bath and kitchen.
    • Prime location near ATV, snowmobile, and hiking trails.
    • ~30 miles from Crater Lake National Park.
    • High‑visibility location on Highway 97 with 5,418 AADT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Chemult
    County
    Klamath
    State
    Oregon
    Longitude
    -121.7836484
    Latitude
    43.2161792

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Motel - Profitable Oregon Motel Near Crater Lake
    Where is this motel located?
    The property is located at 109480 Us-97 Chemult, OR.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Two motel buildings totaling 20 rooms, each with microwave and mini-fridge.; Office building with attached residential unit.; Four-bedroom house with full bath and kitchen.
    Request Owner's contact information
    109480 Us-97 Chemult, OR 97731
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    Chemult, OR 97731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109480 Us-97 Chemult, OR 97731
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