Hospitality Business for Sale in Wilsonville, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Wilsonville, OR 97070
  • Year built: 1977

Description

Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Portland I-5 South Wilsonville, a 5-story full-service hotel located in Wilsonville, Oregon. Renovated in 2023, the hotel consists of 170 interior corridor guest rooms, and features amenities including a heated indoor pool & spa, fitness center, guest laundry facilities, and sundry shop. Business amenities include a business center and more than 14,000 square feet of meeting space. Boonetown Bistro & Bar is located on the ground floor, offering an array of menu options in a modern yet casual atmosphere. The Holiday Inn Portland I-5 South Wilsonville is ideally located off of Interstate 5, just 12 miles to Downtown Portland. The hotel is located within Wilsonville's manufacturing hub, surrounded by plants for major corporations such as Collins Aerospace, Coca Cola, Sysco, TE Connectivity, Siemens, Pacific Foods, Kroger, and more. Nearby demand drivers include the Clackamas County Fair & Rodeo (~140k attendees annually), Postlewait's Wedding Venue, Legacy Meridian Park Medical Center (30k+ patient days in 2024), and George Fox University. The hotel is also located a short drive from the market's major employers including the Nike World Headquarters and Intel, as well as all of the Portland region's attractions. The Holiday Inn Portland I-5 South Wilsonville represents the opportunity to acquire a renovated, IHG-branded hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Portland region. Investment Highlights: • Well-Appointed, 5-Story, IHG-Branded Hotel Renovated in 2023 | Additional Income from Onsite Boonetown Bistro & Bar • Plans for Future Development of a 5-Story, 92-Room Hotel on the Same Lot • Ideally Located Off of Interstate 5, Just 12 Miles to Downtown Portland | Only 24 Miles to Vancouver, WA and Only 32 Miles from Salem, Oregon's State Capital • Located in

Market Context

This hospitality in Wilsonville, OR is listed for sale. The building dates to 1977. It has been on the market for 52 days. Compare it against other hospitality listings for sale in Wilsonville, OR — <a href="/search/sale/hospitality/oregon/wilsonville">view the full market</a>.

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