179 Mill StSumpter, OR 97877

Property Details for 179 Mill St

Year built

1993

Lot size

0.46 AC

Property size (Sq ft)

3,224 SF

Zone code

CR; COMM/RESID

Property type

Motels

APN

09S3729DC 7300

APU

09S3729DC7300

Description

This exceptional business opportunity presents a well-maintained 14-room motel nestled in the picturesque Sumpter Valley of Eastern Oregon. Priced at $799,000, this income-generating property boasts updated amenities throughout, including luxury vinyl plank (LVP) flooring, fresh paint, upgraded electrical systems, renovated bathrooms, and new appliances and beds in each of the fourteen guest rooms. An added benefit is a separate, spacious 1100-square-foot owner's suite, providing comfortable and private living quarters. The motel also features a convenient on-site laundry facility equipped with commercial-grade machines, enhancing operational efficiency and guest convenience. The property sits on a sizable 0.46-acre lot, comprised of four combined lots, offering significant potential for future expansion and development. Its strategic location in the heart of the Sumpter Valley attracts a steady stream of recreational enthusiasts year-round, drawn to the area's abundant opportunities for boating, snowmobiling, and off-road adventures via side-by-side vehicles and ATVs. A large parking area caters to guests' recreational vehicles, providing ample space for trailers and other equipment. This turnkey operation presents a rare chance to acquire a thriving business in a desirable location with strong growth potential. The combination of updated facilities, a prime location, and the inherent appeal of the Sumpter Valley makes this an attractive investment for discerning buyers seeking a profitable and fulfilling venture.

• CAP approach

  CAP return

  Valuation

  6%

  $746,179

  6.5%

  $688,781

  7%

  $639,582

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,615,364

  Geo Method

  $1,615,364

• Alternative Use

  Use

  Valuation

  Residential

  $751,949

  Hospitality

  $688,781

  Educational

  $573,058

  Medical

  $592,766

  Retail

  $891,423

Location Insight

City

Sumpter

County

Baker

State

Oregon

Latitude

44.7453

Longitude

-118.202

Property Tax & Assessments

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