This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Willamette Pass Inn & Chalets 19821 Highway 58

23 Room Hotel Crescent Lake, OR 97733 $2,500,000 ($108,696/Room)

Investment Highlights

  • Scenic Haven: Nestled in the High Cascades, near lakes, trails, and more
  • Cozy Retreat: Spacious rooms with wood-burning fireplaces
  • Accommodations: Lodging options include 10 chalets and 13 rooms at the Inn
  • Adventure Gateway: Year-round activities including hiking, fishing, skiing & boating
  • Rave Reviews: Boasts an impressive 4.6-star rating on Google
  • Additional Revenue: Potential to develop more chalets to increase income

Executive Summary

PRICE REDUCED! Nestled amidst the Cascade Mountains, the Willamette Pass Inn is a boutique hotel located in Crescent along Highway 58, a major mountain highway bridging Eugene to Highway 97. Spanning 12.27 acres (534,481 SF) across two parcels, the property is one of only a few resorts in Oregon that are not on leased forest service land.
The property boasts a 13-room two-story building, 10 individual mobile chalets, two mobile homes, and one storage flex building all surrounded by captivating landscapes. There is an EV charging station on the property that adds an additional revenue stream of $500 per month effective approximately December 1, 2023.
The inn, built in 1984, offers a lobby and reception area, back-of-house area, storage rooms and utility room. All of the guest rooms have exterior entrances, a kitchenette, a restroom and a wall heater.
There are 10 chalets, four of which are resort owned and would transfer with the sale. Of the six leased chalets, four participate in the rental pool for the hotel, and two of them do not. The leased chalets are on a 99-year space lease to other lessees who occupy the properties at their leisure. The chalets were constructed sometime between 2005-2007.
Of the two mobile homes, one is leased to an employee and the other is leased to a tenant. The flex building has a total of four storage units and one small office. Two of the storage units are leased but the office is owner-occupied. The property has 10 RV sites equipped with full hookups, electricity, water, and septic connections.
With its rich history, diverse accommodations, and extensive property offerings, the Willamette Pass Inn stands as an embodiment of hospitality in the heart of Oregon’s wilderness. The property’s furnishings, fixtures, and equipment are part of the sale, ensuring a seamless transition for the discerning buyer who recognizes the potential within this unique mountain retreat.

Property Facts

Price $2,500,000
Price Per Room $108,696
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 11.57 AC
Building Size 17,728 SF
No. Rooms 23
No. Stories 2
Year Built 1984
Parking Ratio 4.89/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 10 $257.00 -
Guest Room 13 $180.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M893043
Land Assessment
$0
Improvements Assessment
$88,620
Total Assessment
$88,620

zoning

Zoning Code RCR-C (Rural Community Resort Commercial)
RCR-C (Rural Community Resort Commercial)
  • Listing ID: 29442815

  • Date on Market: 9/5/2023

  • Last Updated:

  • Address: 19821 Highway 58, Crescent Lake, OR 97733

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}