CIP EXCLUSIVE HOTEL FOR SALE
$3,750,000 | Upper Midscale | Full-Service | 18 Keys
Independent Umpqua National Forest Resort Property
Steamboat Inn is an 18 key, full-service, upper midscale, independent resort property. The property sits on US Forest Service (USFS) land in the Umpqua National Forest and operates under a USFS special use permit. The hotel has excellent highway visibility and access. The main lodge features a “Library Lounge” with an extensive award-winning wine list, local beer, and spirits. A welcoming fireplace, book collection, and games complete the lounge/bar area. A gift shop is available on-site for souvenirs, and essentials. The hotel features a unique mix of cabins, suites, cottages, and houses located on the North Umpqua River.
Built in 1953 and extensively updated in 2019, Steamboat Inn is well-known for world-class fly-fishing, gourmet food, and scenic views. With three wedding sites, space for up to 100 guests, and lodging for 58 guests, the hotel is an ideal location for intimate weddings and events. The restaurant features farm-to-table dining options for guests as well as wedding/event menus.
Request Offering Memorandum & Financials using the form below.
Steamboat Inn Location
Idleyld Park is a great little town. It’s got that off-the-beaten track, locals-only, undiscovered territory kind of charm. Idleyld Park is 21 miles east of Roseburg, Oregon, and a favorite for locals and tourists alike. The Rogue-Umpqua Scenic Byway offers stunning views from Highway 138 to Crater Lake through the Umpqua National Forest. 350 miles of trails are maintained for year-round use, 1,150 miles of roads are maintained for car travel, and 4 staffed lookouts allow easy access to this natural wonder. Hiking, biking, kayaking, paddleboarding, river rafting, and fishing attract visitors looking to relax in nature.
Property Features
- 11.89% Cap Rate, 17.50% ROI & 2.97 GRM
- Extensive Capital Improvements
- Located in Umpqua National Forest
- On-site Gourmet Farm-to-Table Restaurant
- Wedding/Event Space
- Riverfront Suites, Cabins, Cottages & Houses
- USFS Permit Special Use Leased Land
- View Property Video
Property Details
Keys: 18
Location: Highway, Resort, Rural
City: Idleyld Park
State: OR
ZIP: 97447
Type: Full-Service, Independent
Cap Rate: 11.89%
GRRM: 2.97
ROI/Cash Flow: 17.50%
Financing: New
Additional Features:
Exterior Corridor, Gift Shop, Leased Land, Owner / Manager Quarters, Restaurant, River View, Riverfront, Upper Midscale, Wedding/Event Space
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 Steamboat Inn
Request the Offering Memorandum below for detailed information and photos of this property.
Steamboat Inn Map
Request Offering Memorandum & Financials
If you are a Broker requesting this property for a client, you will need to complete the Buyer Registration in the form below.
