Nordic Inn and Suites | 11942 NE Sandy Blvd
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Nordic Inn and Suites 11942 NE Sandy Blvd
24 Room Hotel Portland, OR 97220 $4,600,000 ($191,667/Room)
Investment Highlights
- Zero deferred maintenance
- Above market fi nishes, fi xtures, and fi ttings
- Three bedroom, two bath managers apartment
- Great pride of ownership
- 24 guest suites
Executive Summary
The Nordic Inn & Suites is an excellent-condition boutique motel in close proximity to Portland International Airport, Interstate 205, and Interstate 84.5. The property gets most of its traffic from out of state travelers and is in exceptional condition. The property could easily be converted to apartments, or extended stay Air BNB type units.
Nordic Inn and Suites also offers an excellent opportunity to be re-tasked asa supportive housing community with its three bedroom, 2 bath managers unit that can be utilized for onsite staffing and services.
Nordic Inn and Suites also offers an excellent opportunity to be re-tasked asa supportive housing community with its three bedroom, 2 bath managers unit that can be utilized for onsite staffing and services.
Property Facts
| Price | $4,600,000 | Building Size | 5,056 SF |
| Price Per Room | $191,667 | No. Rooms | 24 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1952 |
| Property Subtype | Hotel | Parking Ratio | 3.96/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.60 AC |
| Price | $4,600,000 |
| Price Per Room | $191,667 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 5,056 SF |
| No. Rooms | 24 |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 3.96/1,000 SF |
| Corridor | Exterior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 24 | $77.00 | - |
Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | R318470 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $819,270 |
PROPERTY TAXES
Parcel Number
R318470
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$819,270
zoning
| Zoning Code | N/Av |
| N/Av |
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Nordic Inn and Suites | 11942 NE Sandy Blvd
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