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    Hospitality properties

    19821 Or-58, Crescent, OR 97733

    9,500 SF 12.5 ac lot Built 1984
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Hospitality properties
    Year built 1984
    Total area 9,500 SF
    Lot 12.5 ac (544,500 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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