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Capitol Hill Motel 9110 SW Barbur Blvd

16 Room Hotel Portland, OR 97219 $3,700,000 ($231,250/Room)

Investment Highlights

  • Excellent condition
  • Above market finishes
  • Kitchenettes
  • Zero deferred maintenance
  • Two bedroom, two bath manager's apartment
  • Garages

Executive Summary

The Capitol Hill Motel is a well-maintained boutique motel nestled in Multnomah Village with great access to Pacific Highway and Interstate 5.The property gets most of its traffic from out of state travelers and is in exceptional condition. Nine of the sixteen guest suites include a
kitchenette, and eleven have single car garages. The property could easily be converted to apartments, or extended stay Air BNB type units.
Capitol Hill Motel also offers an excellent opportunity to be re-tasked as a supportive housing community with its elegant two bedroom, 2 bath managers unit that could be utilized for onsite staffing and services.

Property Facts

Price $3,700,000
Price Per Room $231,250
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.57 AC
Building Size 12,208 SF
No. Rooms 16
No. Stories 1
Year Built 1940
Tenancy Single
Parking Ratio 1.97/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 $175.00 -
Guest Room 12 $152.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R330761
Land Assessment
$0
Improvements Assessment
$27,980
Total Assessment
$27,980

zoning

Zoning Code C2 (commercial zone)
C2 (commercial zone)
  • Listing ID: 32381181

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 9110 SW Barbur Blvd, Portland, OR 97219

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