This 168-room, full-service boutique hotel offers an exceptional opportunity to acquire an institutional-quality hospitality asset in one of Portland’s most strategic locations. Situated directly adjacent to the Oregon Convention Center in the vibrant Lloyd District, the property benefits from strong demand drivers including convention traffic, corporate business, and leisure travelers. The hotel underwent a comprehensive $37 million renovation in 2015, resulting in a modern physical plant with multiple food and beverage outlets, meeting space, and structured parking. Offered unencumbered by management and debt, the asset provides a clean slate for repositioning under an independent flag, soft brand, or full rebrand strategy. Investors will appreciate the flexibility of a CMBS loan assumption opportunity with high leverage and attractive in-place debt, as well as the ability to capitalize on Portland’s stabilizing hospitality market. With its irreplaceable location, institutional infrastructure, and compelling basis relative to historical valuations and replacement cost, this property represents a rare chance to unlock significant operational and strategic upside.