Crooked River Ranch Cabins
9 Units Near Smith Rock / 14193 SW Chinook Dr., Terrebonne, OR 97760
This is a great opportunity to take over an existing Central Oregon business in the motel industry. The Crooked River Ranch Cabins is located in Terrebonne, Oregon in the subdivision of Crooked River Ranch. The offering includes one lodge (2,760 SF fourplex), one A-frame chalet (980 SF), and four cabins (225 SF each) totaling nine rentable units which sit on 1.18 acres. Each unit includes cable TV and Wi-Fi, air conditioning, kitchen/kitchenette, bedding and towels.
Located just 11.5 miles from the property is Smith Rock State Park which was named one of Oregon’s 7 Wonders by Travel Oregon. In 2018, more than 776,000 people visited the park including more than 23,000 overnight visitors.
Sale Price: $760,000
Cap Rate: 12.6%
Location: Crooked River Ranch
Property Type: Industrial Building
Zone: Commercial (CRRC)
Bldg. SF: 4,650 SF Total
Lot Size: 1.18 Acres (additional land also for sale)
Contact: Dan Kemp, CCIM | Peter May, CCIM | Howard Friedman, CCIM
Listing: View LoopNet Listing