Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Rice Hill Inn (‘Hotel’ or ‘Property’) located in Oakland, Oregon. The Independent-branded Hotel is offered at $2,400,000 or $50,000 per key. The Rice Hill Inn is a 48-room, two-story hotel located at 621 John Long Road, Oakland, Oregon. The property is easily accessible off Interstate 5, the second-longest freeway in Oregon. The property includes ample parking for cars, trucks, and recreational vehicles. Oakland, Oregon, nestled in the Pacific Northwest, offers an authentic small-town experience with its rich history and well-preserved architecture. The town's historical district boasts 19th-century buildings, including original brick structures from the late 1800s, providing a glimpse into the past. Designated as the state's first historic district by the National Register of Historic Places, Oakland invites visitors to take a self-guided Historic Walking Tour, highlighting over 80 notable sites. From quaint storefronts to Victorian-era homes, Oakland's charm is evident at every turn, making it a destination worth exploring. The Rice Hill Inn is strategically positioned near popular attractions such as Misty Oaks Vineyard (19.1 miles), Triple Oak Wine Vault (9.6 miles), and Reustle Rocks Vineyard (22.1 miles), catering to guests seeking socialization and relaxation. Outdoor enthusiasts can indulge in hiking, fishing, and wildlife observation adventures within the serene confines of the Friends of Mildred Kanipe Memorial Park (10.5 miles), as well as along the picturesque Umpqua River and within the scenic trails of the Umpqua National Forest. Additionally, the nearby Oakland Disc Golf Course (10.1 miles) and Oak Hills Golf Club (13.5 miles) provide further leisure options for guests. Oakland's dedication to preserving its heritage adds to the appeal of the hotel, offering a unique and enriching experience for history enthusiasts. Convenient access to attractions such as the Oakland Oregon Museum and the Oakland Oregon Historic District, within 10 miles of the property, draws guests eager to immerse themselves in the town's rich past. Whether guests seek tranquility, adventure, or cultural exploration, the Rice Hill Inn serves as an ideal accommodation for their Southern Oregon getaway.