New owner of Red Rock Hotel & Spa is looking for $1.7 million in cash to renovate the hotel.
Red Rock is in Red Rocks, Oregon.
The property is listed for sale for $7 million, with the asking price of $2.7M.
The sale is subject to closing.
The building was built in 1883 and was owned by the Red Rock Company.
It was a luxury hotel.
It closed in 2002.
The Red Rock River Hotel &s; Spa was built on the property and is a modern hotel.
A second building, located on the same lot, was constructed on the land adjacent to the hotel in 2010.
