Willamette Pass Inn & Chalets | 19821 Highway 58
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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.
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 | Building Size | 17,728 SF |
Price Per Room | $108,696 | No. Rooms | 23 |
Sale Type | Investment | No. Stories | 2 |
Property Type | Hospitality | Year Built | 1984 |
Property Subtype | Hotel | Parking Ratio | 4.89/1,000 SF |
Building Class | C | Corridor | Exterior |
Lot Size | 11.57 AC |
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 | - |
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PROPERTY TAXES
Parcel Number | M893043 | Improvements Assessment | $88,620 |
Land Assessment | $0 | Total Assessment | $88,620 |
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) |
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Willamette Pass Inn & Chalets | 19821 Highway 58
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