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1616 E Burnside St
Portland, OR 97214
Lolo Pass | Modern, Independent Hotel/ Hostel · Hospitality Property For Sale · 33,319 SF

INVESTMENT HIGHLIGHTS

  • Register to bid for this NEWLY BUILT property in a great Portland, OR location!
  • Excellent opportunity to franchise and upbrand into a major brand such as Hilton, Marriott, IHG, Hyatt, Wyndham, Choice, etc
  • Nestled in Portland's Opportunity Zone and Walker’s Paradise Zone, the asset offers access to numerous public transit options.
  • Lolo Pass is an independent hotel and hostel with modern amenities built in 2021, catering to 87 guestrooms and 282 guests.
  • Lolo Pass maintains a four-star TripAdvisor rating with several positive reviews regarding the amenities, convenience, and price.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.21 AC
Construction Status Converted
Building Size 33,319 SF
No. Stories 5
Year Built 2021
Corridor Interior
Parcel Number R225683

AMENITIES

  • Business Center
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Listing ID: 29785352

  • Date on Market: 10/13/2023

  • Last Updated:

  • Address: 1616 E Burnside St, Portland, OR 97214

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