Investment Overview

The Shilo Inn Suites Hotel Klamath Falls is an upper midscale hotel featuring 144 spacious guest rooms and several amenities such as an on-site restaurant, indoor pool and hot tub, laundry service, fitness center, and business center. Crater Lake Klamath Regional Airport is only 8 miles from the subject property. Approximately 750 people work at the airport or for aviation-related businesses and industries located on or adjacent to the airfield. This produces over $85 million in economic impact for the regional community. The Property is visible from U.S. Route 97 and is nestled close to some of Oregon’s premier outdoor recreation. The hotel is 36.5 miles from Brown Mountain, a popular place to ski and snowboard, and 60 miles from Crater Lake National Park, home to the deepest lake in the United States. The Property has a RevPAR of more than $58 for the trailing twelve-month period ended in March 2023, achieving revenues above $3 million. The Hotel’s RevPAR is expected to grow at an exponential rate. The Property is Fee Simple Real Estate and clear of existing management and financing contracts.