Kenton Hotel 8355 N Interstate Ave 18 Room Hotel Portland, OR 97217 $2,900,000 ($161,111/Room)
INVESTMENT HIGHLIGHTS
- Excellent accessibility on N Interstate Ave / Denver Ave
- 2 minute walk from the Kenton/N Denver MAX Yellow Line stop
- Originally constructed in 1962, renovated in 2020
EXECUTIVE SUMMARY
Experience Portland’s charm at this boutique hotel in the heart of Kenton! The hotel boasts 18 unique, ecofriendly rooms in a renovated 1962 property, each adorned with hand-crafted décor from salvaged lumber accompanied by a beautiful courtyard with a gas fire pit. Purchase now to capture your own blend of history and creativity in Portland!
PROPERTY FACTS
| Price | $2,900,000 |
| Price Per Room | $161,111 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 5,320 SF |
| No. Rooms | 18 |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2020 |
| Tenancy | Single |
| Parking Ratio | 1.21/1,000 SF |
| Corridor | Exterior |
| Zoning | C2 - Commercial |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 18 | $72.00 | 294 |
Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | R196158 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $351,680 |
