2020 Leigh Way
White City OR 97503
Best Western Crater Lake Highway White City/Medford
2020 Leigh Way White City OR 97503
Listing #: 669759 | Status: Available | Last Modified: 4/25/2024 |
For Sale
- Phone:(503) 706-1054
- Email:michelle@crystalip.com
- Office Name:Crystal Investment Property
- Office Phone:(503) 530-1316
- Office Website:
- Agent Phone:(503) 530-1316
- Agent Email:joe@crystalip.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 9,500,000.0
- $/SF$ 210.3
- Listing StatusAvailable
- Days on Market275
- Asset ClassHotel/Motel
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 7.24 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors4
- # of Units0
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF45179
- Net Rentable Area45179
- Total Office SF
- Largest Contiguous SF
- Lot SF76009
- Acres1.74
- Property TypeHotel/Motel
- Office Type
- Building Class
- CountyJackson
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaNot Assigned
- Tax ID #10942571
- Additional Parcels
- ZoningGC
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio
- Year Built
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeFramed
Best Western Crater Lake Highway White City/Medfor
15% Down Payment. Franchise Brand Hotel Located In An Opportunity Zone Located In An Opportunity Zone Close To I-5 Highway In Southern Oregon Near International Medford Airport Meeting/Event Space BW Auto Transfer Likely - Just PIP’d Short Drive to Crater Lake National Park The Best Western Crater Lake Highway White City/Medford is a 72-key, select-service, interior corridor, midscale hotel. A Best Western franchise auto-transfer is likely, and the hotel has recently completed the required Property Improvement Plan (PIP). The building is ~45,179 sq. ft. on 1.74 acres of owned land at the junction of Routes 62 and 140. The hotel offers high visibility and easy access for travelers stopping over on the way to Crater Lake National Park. This hotel is ideally located close to I-5 Highway in