9110 SW Barbur Blvd - Hospitality FOR SALE


Portland, OR 97219- Multnomah
$3,700,000 USD
503-314-0527
9110 SW Barbur Blvd, Portland, OR for Sale
$3,700,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

9110 SW Barbur Blvd
Portland, OR 97219
Multnomah


HIGHLIGHTS

  • Excellent condition
  • Zero deferred maintenance
  • Above market finishes
  • Two bedroom, two bath manager's apartment
  • Kitchenettes
  • Garages

OVERVIEW

The Capitol Hill Motel is a well-maintained boutique motel nestled in Multnomah Village with great access to Pacific Highway and Interstate 5.The property gets most of its traffic from out of state travelers and is in exceptional condition. Nine of the sixteen guest suites include a kitchenette, and eleven have single car garages. The property could easily be converted to apartments, or extended stay Air BNB type units. Capitol Hill Motel also offers an excellent opportunity to be re-tasked as a supportive housing community with its elegant two bedroom, 2 bath managers unit that could be utilized for onsite staffing and services.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$303 USD /SF

# OF ROOMS

16

PRICE/ROOM

$231,250 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Capitol Hill Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1940

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C2

APN/PARCEL ID

R330761

ASK ABOUT THIS PROPERTY

Skip RotticciMacadam Forbes, Inc.More Info
503-314-0527

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Skip RotticciMacadam Forbes, Inc.More Info
503-314-0527

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