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    Hotels

    9110 SW Barbur Blvd, Portland, OR 97219

    5,522 SF 0.57 ac lot Built 1940
    Entity Owned Free & Clear
    Property ID
    US71-0909479
    Property summary
    AI-generated overview

    This exceptional 5,522 square foot hotel, located at 9110 SW Barbur Blvd in Portland, Oregon, presents a unique investment opportunity. Built in 1940 and situated on a substantial 26.136-acre lot, this well-maintained property boasts 16 guest suites, nine of which include kitchenettes. Eleven suites offer the added convenience of single-car garages. The property's permitted Commercial Employment (CE) zoning allows for flexibility in future use, with potential for conversion to apartments or extended-stay units. The property's current condition is excellent, with zero deferred maintenance, and features above-market finishes. An attractive two-bedroom, two-bathroom manager's apartment provides ample space for on-site staff or management. Its prime location in Multnomah Village offers easy access to Pacific Highway and Interstate 5, attracting a significant number of out-of-state travelers. The property's strong performance and versatile zoning make it an ideal investment for those seeking a high return on investment. The asking price is $3,700,000. The property's zip code is 97219, and it is located in Multnomah County.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL
    Year built 1940
    Total area 5,522 SF
    Lot 0.57 ac (24,829 SF)
    Zoning code CG
    APN 1S1E29AB 08400
    UPID US71-0909479
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Capitol Hill Motel Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    2021 JAY & LINA PATEL FAMILY TRUST
    2021 JAY & LINA PATEL FAMILY TRUST
    Zoning & alternative use
    CG · Portland, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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