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Silver Spur Motel – SOLD!

Silver Spur Motel as seen from road

Terrific, classic Western themed motel in Eastern Oregon

26 Western motif decorated rooms featuring oak furnishings and local artisan touches appeal to business and tourism travelers visiting Eastern Oregon. Cozy rock fireplace graces the welcoming lobby and the property provides all the modern amenities expected by savvy travelers. Exceptional value for guests creates strong repeat business.

Outstanding Owner/Operator Investment!

  • Property PRE-APPROVED for Financing at 15% Down
  • 21% Cap on current Trailing Twelve Month 2015  ACTUALS
  • 76% Cash ROI with 20% Down
  • 2.7x GRRM

Property Details

Price: $750,000
Keys: 26
Location: Rural, Highway
City: Burns
State: OR
ZIP: 97720
Status: SOLD!
Type: Select Service, Independent
Cap Rate: 21%
GRRM: 2.7x
ROI/Cash Flow: 76%
Financing: New

Additional Features:
City Center, Highway Access, Meeting Room, Owner / Manager Quarters, Truck/RV/Bus Parking

Pet friendly and located in the heart of sunny Eastern Oregon, the Silver Spur Motel offers plentiful amenities to appease the most discerning guests. Meeting space available at the adjacent Harney County Museum. Motel is walking distance to shops and restaurants.

Two-bedroom owner quarters on-site and welcoming small town atmosphere make this a great option for hands-on owner operator investors.

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