IN CONTRACT – Seller will consider offers in backup position only.
$5,500,000 | Midscale | Select-Service | 53 Keys
Independent Hilltop Hotel with Scenic Views
The Eagle’s View Inn & Suites is a 53 key, midscale, select-service, independent hotel. This interior corridor hotel is the top-rated hotel in the area according to review sites. Eagle’s View is situated on a hilltop overlooking both the Wallowa Valley and Eagle Cap Mountains. The property has highway visibility, easy access, and ample truck/RV/bus parking.
The hotel has a spacious lobby with a stone fireplace, breakfast area, exercise room, indoor pool, spa, sauna, and guest laundry. The property includes a flexible ~930 sq. ft. meeting room/event space that accommodates up to 58 guests.
Property features an ~725 sq.ft., 1 Bedroom, and 1 Bathroom Owner/Manager Quarters. The living space was renovated in 2020 and includes a kitchen/dining area and living room.
Guest room mix includes a selection of Queen and King rooms, kitchenette suites, jetted tub suites, and ADA Accessible rooms. Room amenities include a mini-fridge, microwave, coffee maker, flat-screen HDTV, and wireless internet (WiFi).
This property has strong cash flow and year-round demand drivers. Summer activities include hiking, fishing, horseback riding, golfing, boating, river rafting, and swimming. Winter activities include skiing, snowshoeing, snowmobiling, and watching the annual sled dog races.
Request Offering Memorandum & Financials using the form below.
Eagle’s View Inn & Suites Location
Wide-open grassy meadows surround the town of Enterprise, with pine forests to the north and the Wallowa Mountains to the south. Enterprise and the surrounding area are also a hub of Western bronze art, with three bronze foundries and many artists calling the area home. A historic lodge, cabins, camping and a tramway to the top of the mountain lie at the south end of Wallowa Lake. To the east is one of the earth’s deepest gorges, Hells Canyon. The Hells Canyon National Recreation Area offers excellent opportunities for hiking, camping, horseback riding and truly getting away from it all.
Property Features
- 11.59% Cap Rate & 29.20% ROI
- Outdoor Recreation Destination
- Highway Access & Visibility
- Potential to Franchise
- Interior Corridor with Meeting Space
- Year-Round Demand Drivers
- #1 Reviews with Top ADR in Region
- View Property Video
Property Details
Keys: 53
Location: Rural, Mountain
City: Enterprise
State: OR
ZIP: 97828
Type: Select-Service, Independent
Cap Rate: 11.59%
GRRM: 3.88
ROI/Cash Flow: 29.20%
Financing: New
Additional Features:
Banquet Facilities, Events Facilities, Exercise Room, Highway Access, Interior Corridor, Midscale, Mountain Views, Owner / Manager Quarters, Pool / Spa
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
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. State law prohibits CIP from offering a Broker co-op to any Broker not licensed in the state where the listed property is located. Please call with questions regarding this requirement.
Photos of Eagle’s View Inn & Suites
Request the Offering Memorandum below for detailed information and photos of this property.
Request Offering Memorandum & Financials
If you are a Broker requesting information for a client, you will need to complete a Buyer Registration form first.
