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24-Unit Motel with Manager Residence
For Sale
$2,700,000

11324 NE Sandy Boulevard, Portland, OR 97220

Income-producing 24-unit motel with on-site office and manager's residence, suited for owner-operators or investors.

Property Size7,294 SF
Price / SF$370.17
Days on Market188

Property Features for 11324 NE Sandy Boulevard

General Information

Standard status Active
Size 7,294 SF
Property subtype Commercial

Units

Multifamily Units 24
Office Units 1

Additional Details

Business Included Yes

Building Details

Year Built 1930
Listing Agency: Keller Williams Realty Professionals
Listed By: John Hatch
Source: Century21northhomes
Added: Feb 5 Changed: Aug 11 Last Checked: Aug 11 at 10:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Professionals

Investment Insights

Based on property information with market context.

This 24-unit income-producing motel is arranged across multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager's residence. The office/residence layout features a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Floor plans are available upon request.

Located at 11324 NE Sandy Boulevard in Portland, the property is positioned along NE Sandy Blvd and is described in the public remarks as having strong visibility, strong traffic counts, and convenient access to major transportation corridors. The corridor is also described as undergoing significant infrastructure upgrades and long-term mixed-use redevelopment. The asset is additionally noted as being close to Portland International Airport, I-205, and nearby retail and service amenities.

The configuration supports both operational convenience and flexible living arrangements for an owner-operator, including extended-stay or multigenerational use depending on how the manager’s residence is utilized. Investors may also consider the property for continued motel operations or a value-add repositioning strategy, with financial information and floor plans available upon request and the buyer responsible for all due diligence.

Key Highlights

  • 24‑unit income‑producing motel on NE Sandy Blvd, built in 1930
  • Multiple buildings with an on‑site office plus a 4‑bedroom, 2‑bath manager's residence
  • Manager's residence includes a main‑level primary bedroom and a kitchen open to the main living area

Property Analytics

Current Use

The Courtesy Inn Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Spa & Massage Center Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
24
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,407
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97220, OR

29,357
Population
12,177
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
3,914
Density / Sq Mi
$68,976
Median Household Income
$41,696
Median Earnings
$1,412
Median Rent
$427,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Courtesy Inn 11324 NE Sandy Blvd, Portland, OR 97220
  • Portland Value Inn Portland, OR 97220
  • Nordic Inn and Suites 11942 NE Sandy Blvd, Portland, OR 97220
  • Parkrose Inn & Suites Portland Airport 11724 ne sandy blvd, portland, or 97220
  • Alternative Services Inc 4818 NE 104th Ave, Portland, OR 97220

Frequently Asked Questions

What type of property is this?
Motel - Income-producing 24-unit motel with on-site office and manager's residence, suited for owner-operators or investors.
Where is this motel located?
The property is located at 11324 NE Sandy Boulevard Portland, OR.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 24‑unit income‑producing motel on NE Sandy Blvd, built in 1930; Multiple buildings with an on‑site office plus a 4‑bedroom, 2‑bath manager's residence; Manager's residence includes a main‑level primary bedroom and a kitchen open to the main living area
More about this property
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