CBRE Hotels is pleased to present the opportunity to acquire a 119-key, repositioned hospitality asset located at 4200 NE 82nd Ave, in Portland’s evolving Eastside corridor near Portland International Airport. This opportunity offers a rare combination of scale, flexibility, and recent capital investment, making it an ideal candidate for rebranding or residential conversion. The property has undergone a comprehensive restoration, including major structural upgrades, interior and exterior enhancements, and numerous operational improvements. Its unique garden-style layout and expansive footprint provide a unique canvas for adaptive reuse, including a potential multifamily conversion or redevelopment. Currently closed until renovations are finalized, the asset offers full access for tours—including back-of-house areas—allowing investors to evaluate the site with minimal operational constraints. With Portland’s hospitality market showing signs of recovery and the property’s proximity to Portland International Airportand major transit routes, this offering represents a compelling value-add opportunity.