Property profile

109480 Us-97 Chemult, OR 97731

OFF-MARKET
Hospitality properties
6,106 SF 1.73 ac lot Built 1973
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Property summary

AI-generated overview

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 profile

Verified
Property type Hospitality properties
Year built 1973
Total area 6,106 SF
Lot 1.73 ac (75,359 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

109480 Us-97 Chemult, OR 97731
Chemult metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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