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Holiday Inn Express & Suites Portland-Jantzen 2300 N Hayden Island Dr 74 Room Hotel Portland, OR 97217 $13,764,730 CAD ($186,010 CAD/Room)
INVESTMENT HIGHLIGHTS
- Well-Appointed, IHG-Branded Hotel Located in Oregon's Largest City
- Ideally Situated on Hayden Island, Offering Quick Access to Interstate 5 and Convenient Routes to Both Vancouver and Portland
- 8 Miles from Portland International Airport, which Welcomed 17+ Million Passengers in 2024
- Recently Renovated in 2024 with Full Formula Blue PIP Completed
- 7 Miles from the Port of Portland, which Manages 40% of Pacific Northwest Cargo
- Buyer has the Opportunity to Secure a New 15-Year License with IHG
EXECUTIVE SUMMARY
David Tabata // Broker of Record // License OR 201224889
Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Portland-Jantzen Beach, a four-story hotel located in Portland, the largest city in Oregon. Recently renovated in 2024 with a full Formula Blue PIP completed, the property features 74 interior corridor guest rooms, an indoor pool and spa, fitness center, business center, complimentary breakfast buffet, sundry shop, and 475 square feet of meeting and event space.
The Holiday Inn Express & Suites Portland-Jantzen Beach is strategically situated on Hayden Island, offering exceptional access to both Portland and Vancouver. Portland is recognized for its robust technology sector, anchored by the Silicon Forest, and serves as the headquarters for global companies such as Nike. The city features a dynamic cultural landscape, distinguished universities, and extensive recreational opportunities. This property provides convenient connectivity to downtown Portland, major healthcare facilities, Portland International Airport, and prominent venues including the Portland Expo Center, Moda Center and Convention Center, which attract thousands of visitors annually.
The Holiday Inn Express & Suites Portland-Jantzen Beach represents the opportunity to acquire a franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Portland region.
Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Portland-Jantzen Beach, a four-story hotel located in Portland, the largest city in Oregon. Recently renovated in 2024 with a full Formula Blue PIP completed, the property features 74 interior corridor guest rooms, an indoor pool and spa, fitness center, business center, complimentary breakfast buffet, sundry shop, and 475 square feet of meeting and event space.
The Holiday Inn Express & Suites Portland-Jantzen Beach is strategically situated on Hayden Island, offering exceptional access to both Portland and Vancouver. Portland is recognized for its robust technology sector, anchored by the Silicon Forest, and serves as the headquarters for global companies such as Nike. The city features a dynamic cultural landscape, distinguished universities, and extensive recreational opportunities. This property provides convenient connectivity to downtown Portland, major healthcare facilities, Portland International Airport, and prominent venues including the Portland Expo Center, Moda Center and Convention Center, which attract thousands of visitors annually.
The Holiday Inn Express & Suites Portland-Jantzen Beach represents the opportunity to acquire a franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Portland region.
PROPERTY FACTS
| Price | $13,764,730 CAD | Building Size | 45,410 SF |
| Price Per Room | $186,010 CAD | No. Rooms | 74 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1999/2024 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 1.43 AC | Corridor | Interior |
| Zoning | CGX | ||
| Price | $13,764,730 CAD |
| Price Per Room | $186,010 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.43 AC |
| Building Size | 45,410 SF |
| No. Rooms | 74 |
| No. Stories | 4 |
| Year Built/Renovated | 1999/2024 |
| Tenancy | Single |
| Parking Ratio | 1.43/1,000 SF |
| Corridor | Interior |
| Zoning | CGX |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 9 | $249.01 CAD | - |
| Guest Room | 65 | $231.03 CAD | - |
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PROPERTY TAXES
| Parcel Number | R239725 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,477,248 CAD |
PROPERTY TAXES
Parcel Number
R239725
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,477,248 CAD
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Holiday Inn Express & Suites Portland-Jantzen | 2300 N Hayden Island Dr
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