Dave Schrott and Robert Sacks of A&R Development have purchased The Lodge at Suttle Lake in Sisters, Ore., from Ronda Sneva for $1.5 million. The resort includes an 11-room lodge, 16 cabins, a marina and restaurant.
The lodge was listed for sale at $2.7 million in August 2014 and had been as high as $3.7 million earlier that year. The property will be A&R's first project in central Oregon. The group has targeted two portions of the lodge in immediate need of upgrades — The Boathouse restaurant and the marina, both of which were damaged during a spring 2014 flood.
The Mighty Union, a Portland-based hotel and restaurant group, has already signed on to work with A&R Development on the lodge. One of the partners behind The Mighty Union, Jack Barron, is a co-owner of the Ace Motel, while another, Donald Kenney, is the hotel’s GM.