1616 E Burnside St - Hospitality FOR SALE
Portland, OR 97214 |
1616 E Burnside St
Portland, OR 97214
HIGHLIGHTS
- Register to bid for this NEWLY BUILT property in a great Portland, OR location!
- Lolo Pass is an independent hotel and hostel with modern amenities built in 2021, catering to 87 guestrooms and 282 guests.
- Excellent opportunity to franchise and upbrand into a major brand such as Hilton, Marriott, IHG, Hyatt, Wyndham, Choice, etc
- Lolo Pass maintains a four-star TripAdvisor rating with several positive reviews regarding the amenities, convenience, and price.
- Nestled in Portland's Opportunity Zone and Walker’s Paradise Zone, the asset offers access to numerous public transit options.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
STATUS
Converted
BUILDING DETAILS
PROPERTY NAME
Lolo Pass | Modern, Independent Hotel/ Hostel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
33319
STORIES
5
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2021
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
R225683
