24810 Redwood HwyKerby, OR97531

$1,295,000
10 total units
6356 sq. ft
28.87 acres
Zoning: RC, EFU
1675 days on market

VestorFilter™

Price per ft²$203.74/ft²
Price per acre$44.9K/ac
Time on market1675 days

Property Description

Illinois Valley Landmark! The Holiday Motel has been locally owned and operated since 1976. Well established 11 unit motel with office and living quarters attached. Excellent, high exposure location! 3.34 acres on Redwood Hwy. Zoned rural commercial with endless possibilities! Property is sold as a operational motel, including inventory and furniture. Motel rooms have been updated with new paint, carpet and are fully furnished. The back 25.53 acres are zoned EFU, has a 50x100ft barn with a spring fed pond and access to the beautiful Illinois River. -Owner is a licensed Real Estate Broker in the State of Oregon.

Financial Data

Date Sold2021-06-09
Sold Price$1,000,000
Original Price$1,295,000
Current Price$1,295,000
Property Taxes$4,831

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Home Facts

StatusClosed
Year Built1954
MLS ID103006844