25425 SW 95th Ave - Hospitality FOR SALE


Wilsonville, OR 97070
$20,000,000 USD
909-456-3481
25425 SW 95th Ave, Wilsonville, OR for Sale
$20,000,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

25425 SW 95th Ave
Wilsonville, OR 97070


HIGHLIGHTS

  • Well-Appointed, 5-Story, IHG-Branded Hotel Renovated in 2023 | Additional Income from Onsite Boonetown Bistro & Bar
  • Plans for Future Development of a 5-Story, 92-Room Hotel on the Same Lot
  • Ideally Located Off of Interstate 5, Just 12 Miles to Downtown Portland | Only 24 Miles to Vancouver, WA and Only 32 Miles from Salem, Oregon's State
  • Located in a Manufacturing Hub, Home to Plants for Major Corporations such as Collins Aerospace, Coca Cola, Sysco, TE Connectivity and More
  • 10 Miles to Clackamas County Fairgrounds, which Hosts the Clackamas County Fair & Rodeo (140k Attendees Annually) and Several Other Events Throughout
  • 17 Miles to Oregon Convention Center (~500 Events Per Year | Projected 260,000 Visitors in 2025)

OVERVIEW

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 Portland I-5 South Wilsonville, a 5-story full-service hotel located in Wilsonville, Oregon. Renovated in 2023, the hotel consists of 170 interior corridor guest rooms, and features amenities including a heated indoor pool & spa, fitness center, guest laundry facilities, and sundry shop. Business amenities include a business center and more than 14,000 square feet of meeting space. Boonetown Bistro & Bar is located on the ground floor, offering an array of menu options in a modern yet casual atmosphere. The Holiday Inn Portland I-5 South Wilsonville is ideally located off of Interstate 5, just 12 miles to Downtown Portland. The hotel is located within Wilsonville's manufacturing hub, surrounded by plants for major corporations such as Collins Aerospace, Coca Cola, Sysco, TE Connectivity, Siemens, Pacific Foods, Kroger, and more. Nearby demand drivers include the Clackamas County Fair & Rodeo (~140k attendees annually), Postlewait's Wedding Venue, Legacy Meridian Park Medical Center (30k+ patient days in 2024), and George Fox University. The hotel is also located a short drive from the market's major employers including the Nike World Headquarters and Intel, as well as all of the Portland region's attractions. The Holiday Inn Portland I-5 South Wilsonville represents the opportunity to acquire a renovated, IHG-branded 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.

FOR SALE DETAILS

PRICE

$20,000,000 USD

PRICE/SF

$178 USD /SF

# OF ROOMS

169

PRICE/ROOM

$118,343 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Portland I-5 South Wilsonville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1977

PARKING SPACES

327

LAND DETAILS

LAND ACRES

5.63 AC

LAND SF

245,243 SF

ZONING

PDC

APN/PARCEL ID

R2068152

ASK ABOUT THIS PROPERTY

Gordon AllredMarcus & MillichapMore Info
909-456-3481

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Gordon AllredMarcus & MillichapMore Info
909-456-3481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.