IN CONTRACT – Seller will consider offers in backup position only.
$7,200,000 | Upper Midscale | Select Service | 4 Hotel Portfolio
Coastal Oregon Hotel Portfolio
CONFIDENTIAL LISTING: Rare opportunity for a 4 hotel portfolio in a high barrier to entry Oregon coast market. The portfolio features independent, boutique hotels with a combined total of 35+ keys. Potential redevelopment opportunity in a popular upscale tourist destination. High visibility properties are close to the ocean, beaches, hiking, and downtown attractions.
The portfolio of properties draws from major Portland metro area and offers an upper-midscale guest experience. Hotel amenities include luxurious soaking tubs, suites, in-room fireplaces, and more.
On-site Owner’s/Manager’s quarters offer opportunities for centralized management. Oversee all properties for huge upside and economies of scale. Properties are sold together and will not be separated from the portfolio.
Property Location
The Oregon Coast is a playground all its own, whether on a zip line, in a kayak, behind the wheel of a go-kart, or racing down a mountain bike trail. Or maybe it’s a confectioner’s shop, a craft brewery, gallery, or a long stroll on a sandy beach. Oregon’s coastal region offers relaxation, adventure, delicious food, and family fun along with proximity to major metropolitan areas and international airports.
Disclaimer
Confidentiality Agreement must be signed to receive detailed property information or financials.
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Broker Co-op Agreement
Please Note: Buyer’s Brokers will need to obtain a Buyer Paid Fee for this property. There is no Broker commission co-op. Please call with questions regarding this requirement.
Special Property Features Include:
- High Barrier To Entry Market
- Popular Upscale Tourist Destination
- Draws From Major Portland Metro
- Desirable 4 Property Portfolio
- Potential Redevelopment Opportunity
- Main Street Location With High Visibility
Property Details
Keys: 35+
Location: Coastal, Highway
City: Coast
State: OR
ZIP:
Type: Independent, Select Service, Boutique
Cap Rate: CA Required
GRRM: CA Required
ROI/Cash Flow: CA Required
Financing: CA Required
Additional Features:
Owner / Manager Quarters, City Center, Historic, Coastal, Upper Midscale
Request Offering Memorandum & Financials
If you are a Broker requesting information for a client, you will need to complete a Buyer Registration form first.
