CIP Exclusive Hotel for Sale
$9,500,000 | Midscale | Select-Service | 72 Keys
Franchise Brand Hotel Located In An Opportunity Zone
The Best Western Crater Lake Highway White City/Medford is a 72-key, select-service, interior corridor, midscale hotel. A Best Western franchise auto-transfer is likely, and the hotel has recently completed the required Property Improvement Plan (PIP). The building is ~45,179 sq. ft. on 1.74 acres of owned land at the junction of Routes 62 and 140. The hotel offers high visibility and easy access for travelers stopping over on the way to Crater Lake National Park. This hotel is ideally located close to I-5 Highway in Southern Oregon, with proximity to Rogue Valley International Medford Airport (MFR), in an Opportunity Zone.
The property features a spacious lobby with a fireplace and lounge seating, breakfast area, convenience/sundry store, business center, meeting/event space, guest laundry, fitness center, indoor pool, and spa.
Comfortable and spacious guest rooms feature complimentary WiFi and 49-inch flat-screen TVs, mini-fridges, microwaves, and coffee makers. Bright two-bedroom suites have living rooms, two 49-inch flat-screen televisions, and a wet bar.
Request Offering Memorandum & Financials using the form below.
Best Western Crater Lake Highway White City/Medford Location
White City/Medford, Oregon, is a travel and tourism hotspot, attracting visitors with its diverse range of attractions. Nestled in the picturesque Rogue Valley, this region boasts stunning natural beauty, including mountains, forests, and vineyards. Wine enthusiasts can indulge in the flourishing wine industry and enjoy wine-tasting tours at numerous wineries. Outdoor enthusiasts have many options, from hiking and biking in the mountains to rafting in the Rogue River. History buffs can explore the well-preserved town of Jacksonville, while culture lovers can immerse themselves in the vibrant arts scene of Medford. The annual Britt Music & Arts Festival and the renowned Ashland Shakespeare Festival provide unforgettable experiences. Additionally, the region offers a burgeoning culinary scene featuring a variety of restaurants and farm-to-table establishments. With its unique blend of natural splendor, outdoor adventure, cultural richness, and culinary delights, White City/Medford is a prime destination for travelers seeking a memorable experience.
Property Features
- Located In An Opportunity Zone
- Close To I-5 Highway In Southern Oregon
- Near International Medford Airport
- Meeting/Event Space
- BW Auto Transfer Likely – Just PIP’d
- Short Drive to Crater Lake National Park
- View Property Video – Coming Soon!
Property Details
Keys: 72
Location: Highway, Oregon
City: White City
State: OR
ZIP: 97503
Type: Select-Service, Franchise
Cap Rate: 7.91%
GRRM: 4.53
ROI/Cash Flow: 4.08%
Financing: New
Additional Features:
Exercise Room, Franchised, Interior Corridor, Meeting/Event Space, Midscale, Opportunity Zone, Pool / Spa, Select-Service
Disclaimer
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Broker Co-op Agreement
Please Note: Buyer’s Brokers will need to obtain a Buyer Paid Fee for this property. There is no Broker commission co-op. Please call with questions regarding this requirement.
Photos of Best Western Crater Lake Highway White City/Medford
Request the Offering Memorandum below for detailed information and photos of this property.
Best Western Crater Lake Highway White City/Medford Map
Request Offering Memorandum & Financials
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