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Comfort Suites Southwest Portland 11340 SW 60th Ave 53 Room Hotel Portland, OR 97219 $7,875,405 CAD ($148,593 CAD/Room)



Executive Summary
Apex Lodging Advisors is pleased to present the exclusive opportunity to acquire the Comfort Suites Portland Southwest, a well-located, institutional-quality select-service hotel positioned in one of Portland’s most stable and accessible submarkets. The Property offers investors the opportunity to acquire a nationally recognized, all-suite asset with meaningful upside potential through operational optimization, strategic revenue management, and strategic repositioning.
Situated with convenient access to Interstate 5 and Highway 99W, the hotel benefits from strong corporate, medical, education, and leisure demand. The Property is proximate to downtown Portland, major healthcare institutions, corporate campuses, and higher education facilities, providing a
diversified demand base that supports consistent occupancy levels and reduces volatility.
The all-suite layout differentiates the Property within its competitive set and appeals to business travelers, families, and group demand. A new owner can further enhance performance through revenue management initiatives, targeted capital improvements, expense controls, and brand alignment tailored to market positioning.
Importantly, the Property will be delivered unencumbered by brand at closing, creating a compelling brand conversion opportunity. This flexibility allows a buyer to pursue a new franchise affiliation of its choosing—subject to brand approval—positioning the asset to potentially elevate ADR, expand distribution channels, and better align with long-term investment objectives. This offering represents an attractive opportunity for investors seeking a stabilized asset with repositioning upside in a major West Coast metro with strong long-term fundamentals and high barriers to entry.
Situated with convenient access to Interstate 5 and Highway 99W, the hotel benefits from strong corporate, medical, education, and leisure demand. The Property is proximate to downtown Portland, major healthcare institutions, corporate campuses, and higher education facilities, providing a
diversified demand base that supports consistent occupancy levels and reduces volatility.
The all-suite layout differentiates the Property within its competitive set and appeals to business travelers, families, and group demand. A new owner can further enhance performance through revenue management initiatives, targeted capital improvements, expense controls, and brand alignment tailored to market positioning.
Importantly, the Property will be delivered unencumbered by brand at closing, creating a compelling brand conversion opportunity. This flexibility allows a buyer to pursue a new franchise affiliation of its choosing—subject to brand approval—positioning the asset to potentially elevate ADR, expand distribution channels, and better align with long-term investment objectives. This offering represents an attractive opportunity for investors seeking a stabilized asset with repositioning upside in a major West Coast metro with strong long-term fundamentals and high barriers to entry.
Property Facts
| Price | $7,875,405 CAD | Building Size | 31,882 SF |
| Price Per Room | $148,593 CAD | No. Rooms | 53 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2000/2013 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.01 AC | ||
| Zoning | CE | ||
| Price | $7,875,405 CAD |
| Price Per Room | $148,593 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.01 AC |
| Building Size | 31,882 SF |
| No. Rooms | 53 |
| No. Stories | 3 |
| Year Built/Renovated | 2000/2013 |
| Tenancy | Single |
| Corridor | Interior |
| Zoning | CE |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 53 | $173.95 CAD | - |
Property Taxes
| Parcel Number | R331192 | Improvements Assessment | $285,485 CAD |
| Land Assessment | $3,288,481 CAD | Total Assessment | $3,573,966 CAD |
Property Taxes
Parcel Number
R331192
Land Assessment
$3,288,481 CAD
Improvements Assessment
$285,485 CAD
Total Assessment
$3,573,966 CAD
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Comfort Suites Southwest Portland | 11340 SW 60th Ave
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