The investors fundraised the rest of the more than $2.7 million purchase price in the following months and Wallowa Lake Lodge LLC, now controlled by more than 100 shareholders, was born.

Wallowa Lake Lodge opened in 1923 and has grown to offer 22 guest rooms, plus eight rental cabins. It also has a restaurant.

Wallowa Lake Lodge sits on 8.4 lakeshore acres, has 22 guest rooms, a restaurant and eight rental cabins. The asking price was $2.7 million, with a commitment by Lake Wallowa Lodge L.L.C. to raise ...

More information For more information, contact Madeline Lau, Wallowa Lake Lodge general manager, at 541-432-9821, or Ann McCormack, Nez Perce Tribe, at 208-621-3710.

In 2017, two small businesses and a core group of 78 families joined together to form an initial offering (with shares being sold for as low as $1,000 each) to buy Wallowa Lake Lodge for $2.57 ...