Marcus & Millichap Facilitates $2.29 Million Sale of Rice Hill Inn in Oakland, Oregon
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Marcus & Millichap Inc. has facilitated the sale of Rice Hill Inn, a 48-room property in Oakland, Oregon, for $2.29 million. The transaction, announced on August 15, 2025, was managed by investment specialists from the Denver office, with assistance from a broker in Oregon. The buyer, a private investor new to the hospitality sector, financed the purchase with an SBA loan. The inn is strategically located near Interstate 5, wineries, and outdoor recreation areas.
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