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Property profile & analytics
OFF-MARKET
Commercial real estate

616 Ml St Maupin, OR 97037-9159

0.41 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US71-1127294
Property summary
AI-generated overview

This exceptional investment opportunity presents a unique chance to own the Deschutes Motel, situated in the charming town of Maupin, Oregon. The property boasts a total of 13 studio units, perfect for seasonal rentals or long-term tenants, catering to the thriving tourism industry fueled by Maupin's renowned rafting, fishing, and hunting opportunities. In addition to the studio units, the property includes a separate two-bedroom house, offering versatile options for an owner's residence, manager's quarters, or additional rental income. The motel sits on a sizable 0.75-acre lot, providing ample space and potential for future expansion or development. With a total of 3,000 square feet of building space, the property offers significant potential for revenue generation. The asking price is $695,000, representing a compelling investment in a high-demand location with established recreational attractions. This property is ideal for an investor seeking a turnkey operation in a picturesque Oregon setting, benefiting from the consistent influx of tourists and outdoor enthusiasts. The existing structure presents a solid foundation for continued success, with the potential for upgrades and improvements to further enhance profitability. This is a rare opportunity to acquire a well-established business in a highly desirable location. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.41 ac (17,860 SF)
Zoning code RC
APN 4S 14E 32 CD 1900
UPID US71-1127294
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
Current use
Occupant on record · Public records
  • Deschutes Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Deschutes Basin Holdings LLC · 6 yrs held
Deschutes Basin Holdings LLC
since 2020
Last sale
$415,000
1 recorded transaction
2020
$415,000
Zoning & alternative use
RC · Maupin, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SECTION 3.8 - RECREATIONAL COMMERCIAL “RC” It is the purpose of this zone to provide areas where businesses and services may be established to enhance the recreational and tourist industry in the city. Buildings and structures hereafter erected, structurally altered, enlarged, or moved and land hereafter used in the Recreational Commercial zone shall comply…

Zone name Recreational Commercial
General category COMMERCIAL
Zone area 34.26 ac
Source Zoning Ordinance
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