1200 Highland Ave
Enterprise OR 97828
1200 Highland Ave
1200 Highland Ave Enterprise OR 97828
Listing #: 703374 | Status: Available | Last Modified: 4/16/2026 |
For Sale
- Phone:(503) 706-1054
- Email:michelle@crystalip.com
- Office Name:Crystal Investment Property LLC
- Office Phone:(503) 530-1316
- Office Website:www.crystalip.com
- Agent Phone:(503) 530-1316
- Agent Email:joe.kennedy@crystalip.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 7,000,000.0
- $/SF$ 224.7
- Listing StatusAvailable
- Days on Market209
- Asset ClassHotel/Motel
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 11.52 %
- 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 Buildings2
- # of Floors2
- # of Units53
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF31158
- Net Rentable Area31158
- Total Office SF
- Largest Contiguous SF
- Lot SF129373
- Acres2.97
- Property TypeHotel/Motel
- Office Type
- InvestmentYes
- Building Class
- CountyWallowa
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaNot Assigned
- Tax ID #02S440300-00110
- Additional Parcels
- ZoningR-3
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio
- Year Built1997
- Year Renovated2023
- Completion Date
- Roof Type
- Construction TypeFramed
SureStay Plus by Best Western Enterprise
Freshly Branded Turnkey Franchise Hotel 11.52% Cap Rate, 18.21% ROI, & 4.07 GRM (Actuals) SureStay Plus by Best Western Enterprise is a 53-key, select-service, economy hotel in Enterprise, Oregon. Extensively renovated in 2023, the property features an interior corridor layout with updated public spaces, including a lobby with a stone fireplace, an indoor pool, a spa, a sauna, a fitness room, a guest laundry, and a business center. A flexible 930 sq. ft. meeting room accommodates up to 58 guests and doubles as the breakfast area. The hotel offers a diverse room mix, strong highway visibility, ample parking, and on-site owner/manager quarters. Its elevated setting offers views of the Wallowa Valley and Eagle Cap, allowing for tiered pricing. This turnkey asset is backed by Best Western’s g
