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11942 NE Sandy Blvd
Portland, OR 97220
Nordic Inn and Suites · Hospitality Property For Sale
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24 Rooms
INVESTMENT HIGHLIGHTS
- Zero deferred maintenance
- Above market fi nishes, fi xtures, and fi ttings
- Three bedroom, two bath managers apartment
- Great pride of ownership
- 24 guest suites
EXECUTIVE SUMMARY
The Nordic Inn & Suites is an excellent-condition boutique motel in close proximity to Portland International Airport, Interstate 205, and Interstate 84.5. The property gets most of its traffic from out of state travelers and is in exceptional condition. The property could easily be converted to apartments, or extended stay Air BNB type units.
Nordic Inn and Suites also offers an excellent opportunity to be re-tasked asa supportive housing community with its three bedroom, 2 bath managers unit that can be utilized for onsite staffing and services.
Nordic Inn and Suites also offers an excellent opportunity to be re-tasked asa supportive housing community with its three bedroom, 2 bath managers unit that can be utilized for onsite staffing and services.
PROPERTY FACTS
| Price Per Room | $191,667 | Building Size | 5,056 SF |
| Sale Type | Investment | No. Rooms | 24 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1952 |
| Building Class | C | Parking Ratio | 3.96/1,000 SF |
| Lot Size | 0.60 AC | Corridor | Exterior |
| Zoning | N/Av | ||
| Price Per Room | $191,667 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 5,056 SF |
| No. Rooms | 24 |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 3.96/1,000 SF |
| Corridor | Exterior |
| Zoning | N/Av |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 24 | $77.00 | - |
PROPERTY TAXES
| Parcel Number | R318470 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $869,150 |
PROPERTY TAXES
Parcel Number
R318470
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$869,150
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