3105 NW O. B. Riley Rd - Hospitality FOR SALE


Bend, OR 97703- Boyd Acres
$14,000,000 USD
541-215-4442
3105 NW O. B. Riley Rd, Bend, OR for Sale
$14,000,000 USD
Hospitality - FOR SALE
1/173
null | Request Cap Rate

3105 NW O. B. Riley Rd
Bend, OR 97703
Boyd Acres


OVERVIEW

Rare riverfront hospitality opportunity in Bend, OR. This legacy property includes 151 guest rooms, a single-family residence with lower apartment, and an additional apartment attached to the lobby, all situated on expansive grounds along the Deschutes River. Amenities include multiple pools, hot tubs, saunas, on-site restaurant space, and banquet/event facilities. Originally built in the mid-1980s as what was intended to be Touch of Class, and later operated as the Shilo Inn, this property has long served as a home away from home for travelers and long-term guests in Central Oregon. While the hotel has experienced deferred maintenance and operational inefficiencies, the underlying fundamentals remain compelling, including irreplaceable river frontage, scale, existing infrastructure, and zoning. This is a value-add and repositioning opportunity suited for an experienced operator, developer, or investor seeking to reimagine or redevelop a landmark asset.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$228 USD /SF

# OF ROOMS

151

PRICE/ROOM

$92,715 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverfront Property Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1988

PARKING SPACES

215

LAND DETAILS

LAND ACRES

7.52 AC

LAND SF

327,571 SF

ZONING

CL

APN/PARCEL ID

100018

ASK ABOUT THIS PROPERTY

Jennifer O'LoughlinVarsity Real EstateMore Info
541-215-4442

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Jennifer O'LoughlinVarsity Real EstateMore Info
541-215-4442

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.