19821 Or-58, Crescent, OR 97733
This unique 9,500 sq ft. mountain resort in Crescent, Oregon, is offered at $2,500,000. Built in 1984, the property sits on 12.5 acres (two parcels, APN: 2407-006B0-00400; 2406-001AA-00900) and includes a 13-room main building, 10 individual mobile chalets (four owned, six leased on 99-year space leases), two mobile homes (one employee-leased, one tenant-leased), and a flex building with storage units and an office. Four of the leased chalets participate in the hotel's rental pool. The property also features 10 RV sites with full hookups and an EV charging station generating approximately $500 monthly revenue (effective December 1, 2023). All guest rooms have exterior entrances, kitchenettes, restrooms, and wall heaters. The main building offers a lobby, reception area, back-of-house space, storage, and utility rooms. Zoned Rural Community Resort Commercial (RCR-C), this established business benefits from its location along Highway 58, between Crater Lake and Bend, offering easy access to the Pacific Crest Trail and Willamette Pass Ski Area. Furnishings, fixtures, and equipment are included in the sale. This is one of the few Oregon resorts not on leased forest service land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.