24-Unit Motel with Manager
For Sale
$2,700,000
11324 NE SANDY Blvd, Portland, OR 97220
Land, Portland, OR
Property SizeContact for details
Lot Size0.71 Acres
Days on Market155
Property Features for 11324 NE SANDY Blvd
General Information
Property type
Land
Property subtype
Other
Zoning
CE
Elementary school
Prescott
Middle school
Parkrose
High school
Parkrose
Directions
NE Sandy south side between NE 112th and NE 115th. Horseshoe Inn Motel sign.
Subdivision
_142
Standard status
Active
APN
R235624
Lot size
0.71 Acres
Taxes and HOA fees
Tax Description
PARKROSE & RPLT, BLOCK 65, LOT A&B
Tax Annual Amount
21605
Legal Description
PARKROSE & RPLT, BLOCK 65, LOT A&B
Listing Agency:
Keller Williams Realty Professionals
(503) 546-9955
Listed By:
John Hatch
(503) 789-1247
Added: Apr 10
Changed: Aug 19
Last Checked: Sep 11 at 6:06PM
MLS# 586326525
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property comprises an operating 24-unit motel arranged across multiple buildings on 0.71 acres. Improvements include an on-site office and a 4-bedroom, 2-bath manager’s residence. The residence features a kitchen connected to the main living area, a primary bedroom on the main level, and additional living space below. The property is zoned CE.
Located at 11324 NE Sandy Blvd, the motel is near Portland International Airport, I-205, and retail and service amenities. It occupies a corridor described as undergoing infrastructure upgrades and mixed-use redevelopment. The asset supports continued motel operations or repositioning, with the office and manager residence providing additional operational flexibility.
Located at 11324 NE Sandy Blvd, the motel is near Portland International Airport, I-205, and retail and service amenities. It occupies a corridor described as undergoing infrastructure upgrades and mixed-use redevelopment. The asset supports continued motel operations or repositioning, with the office and manager residence providing additional operational flexibility.
Key Highlights
- Operating 24‑unit motel across multiple buildings
- 0.71‑acre property at 11324 NE SANDY Blvd
- 4‑bedroom, 2‑bath manager's residence included
Property Analytics
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Current Use
Lease Details
24
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,407
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- Portland Value Inn — Portland, OR 97220
- Parkrose Inn & Suites Portland Airport — 11724 ne sandy blvd, portland, or 97220
- Nordic Inn and Suites — 11942 NE Sandy Blvd, Portland, OR 97220
- Alternative Services Inc — 4818 NE 104th Ave, Portland, OR 97220
- The Courtesy Inn — 11324 NE Sandy Blvd, Portland, OR 97220
Frequently Asked Questions
What type of property is this?
Motel - Operating hospitality property includes an on-site office and dedicated living quarters.
Where is this motel located?
The property is located at 11324 NE SANDY Blvd 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: Operating 24‑unit motel across multiple buildings; 0.71‑acre property at 11324 NE SANDY Blvd; 4‑bedroom, 2‑bath manager's residence included
