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11942 NE Sandy Blvd
Portland, OR 97220
Nordic Inn and Suites · Hospitality Property For Sale · 24 Rooms

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INVESTMENT HIGHLIGHTS

  • Zero deferred maintenance
  • Above market fi nishes, fi xtures, and fi ttings
  • Three bedroom, two bath managers apartment
  • Great pride of ownership
  • 24 guest suites

EXECUTIVE SUMMARY

The Nordic Inn & Suites is an excellent-condition boutique motel in close proximity to Portland International Airport, Interstate 205, and Interstate 84.5. The property gets most of its traffic from out of state travelers and is in exceptional condition. The property could easily be converted to apartments, or extended stay Air BNB type units.
Nordic Inn and Suites also offers an excellent opportunity to be re-tasked asa supportive housing community with its three bedroom, 2 bath managers unit that can be utilized for onsite staffing and services.

PROPERTY FACTS

Price Per Room $267,551 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.60 AC
Building Size 5,056 SF
No. Rooms 24
No. Stories 1
Year Built 1952
Parking Ratio 3.96/1,000 SF
Corridor Exterior
Zoning N/Av

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 24 $107.49 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R318470
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,215,515 CAD
  • Listing ID: 32381110

  • Date on Market: 2024-07-08

  • Last Updated:

  • Address: 11942 NE Sandy Blvd, Portland, OR 97220

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