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Browse More Listings in Hotel & Motel For Sale, Medford, OR or Oregon

Hotel / Motel For Sale

Shilo Inn

2111 Biddle Road, Medford, OR 97504

Price:
$3,300,000
No. Rooms:
48
Building Size:
18,501 SF
Price/Room:
$68,750
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Property on Ground Lease?:
Yes
Year Built:
1979
Find Out More...

Last Verified 10/12/2009 Listing ID 16246117

Highlights

Excellent I-5 freeway location
Great opportunity for owner/operator
High speed dinternet throughout property

Comfortable breakfast room and new business center
Unencumbered with management agreement
Large loyal customer base

Description

This is a great, 3 story with elevator, interior corridor hotel perfect for an owner/operator. Breakfast room located adjacent to the lobby. Excellent long-term favorable lease runs through 2040 plus there are 2 additional 20 year options. Newly installed business center includes computer with Internet access, scanner/copier and printer. All units include a refrigerator, microwave, ironing unit and hair dryer.

This Shilo Inn is located in beautiful southern Oregon and has great freeway visibility from Interstate 5 at Exit 30. This well maintained property is within easy driving distance to the Rogue River, Crater Lake and Oregon Caves, all favorite Oregon must-see sites for travelers to this scenic region.

Map of 2111 Biddle Road, Medford, OR 97504 (Jackson County)

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Presented by

Shilo Management Corporation

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Contact Listing Broker

Christopher Campbell (503) 641-6565 Ext: 241

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Created 5/20/2009

Additional Information for 2111 Biddle Road, Medford, OR 97504

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Shilo Inn

2111 Biddle Road, Medford, OR, 97504