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Executive Summary

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.

Property Facts Under Contract

Price $14,000,000
Price Per Room $92,715
Sale Type Investment
Sale Conditions
Distress Sale
  • Deferred Maintenance
  • Redevelopment Project
  • Short Sale
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 7.52 AC
Building Size 61,343 SF
No. Rooms 151
No. Stories 2
Year Built/Renovated 1988/1998
Parking Ratio 3.5/1,000 SF
Corridor Exterior
Zoning CL - 201 - Commercial Improved

Amenities

  • Balcony
  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Shuttle Service
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Hot Tub
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 151 $139.00 -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
100018
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$11,193,210
  • Listing ID: 39695257

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 3105 NW O. B. Riley Rd, Bend, OR 97703

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