ENTERPRISE, Ore., Aug. 25, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Ponderosa Motel, a 33-room motel located in Enterprise, Oregon.
“The property’s proximity to downtown amenities and the year-round tourism demand generated by Wallowa Lake, the Wallowa Mountains and regional events made it a compelling opportunity,” said Huberth Marak, title. “The sellers were motivated to complete a sale after relocating out of state, while the buyer was seeking a motel with established cash flow and the ability to be self-managed.”
Marak, investment specialist in Marcus & Millichap’s Denver office, in association with David Tabata, Marcus & Millichap’s Oregon broker of record, had the exclusive listing to market the property on behalf of the seller and procured the buyer. The transaction received additional support from Skyler Cooper, Chris Gomes and Allan Miller of the Miller-Gomes Hotel Team.
The property is situated on 0.61 acres at 102 E. Greenwood St. in downtown Enterprise. Built in 1998, the motel adjacent to the Historic Wallowa County Circuit Courthouse and is supported by Wallowa Lake tourism, fishing, hunting and river rafting activity.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.
