IN CONTRACT – This property is currently in contract, the seller will consider offers in backup position only.
Independent Willamette Valley Riverfront Lodge
Eagle Rock Lodge is an 8 room upper midscale select service resort with over 400+ feet of frontage on the McKenzie River. Hotel features a mix of rooms and suites with 2-4 person capacity in each, with king or queen beds, as well as over $486,000 in Capital Improvements from 2015-2018. Luxurious units may include jetted tub, fireplace or woodstove, kitchenette or private outdoor spaces. Located halfway between Eugene and Bend, Oregon, in the highly sought after Willamette Valley region. The property features extensive gardens, riverfront for fly fishing, and common gathering areas spread over 4.21 acres. Property is zoned with room to expand to accommodate 15 total guest rooms for greater upside potential. Currently, the hotel has a 120 person outdoor wedding/event capacity for gatherings for additional income. Guests are treated to a cooked to order breakfast and access to chef-prepared meals. This property also features a 1500 sq.ft. (approx.) residence, with 2 bedrooms, 2 bathrooms perfect for Owner/Operator, or for Manager’s Quarters. Includes full kitchen, living room, den, fireplace, laundry, and covered porch with river view apart from the main lodge for privacy.
Located in the Willamette Valley, home to two-thirds of Oregon’s wineries and vineyards, and one of the premier Pinot noir–producing areas in the world. Visitors will also find a robust and renowned culinary scene, offering a long list of places to eat. The Willamette Valley is also known for its art galleries, museums, and specialty shops. For the outdoor adventurer, biking, hiking, whitewater rafting, and fishing abound.
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!
Selling Broker co-op (if available) contingent upon receipt and CIP approval of Buyer Registration in advance of receipt of the marketing package, financials, and presentation of offers. No co-op without CIP approval of Buyer registration. Please call with questions regarding this requirement.
Special Property Features Include:
- Excellent Room Mix on 4+ Acres
- 400+ Ft. of Mckenzie Riverfront
- Room To Expand: Zoned For 15 Rooms
- New Owner’s Quarters Overlooking River
- On Main Highway Between Eugene & Bend
- 120 Person Outdoor Wedding/Event Capacity
Location: Mountain, Resort, Rural
Type: Boutique, Independent, Select Service
Cap Rate: 7.10%
ROI/Cash Flow: 5.92%