Holiday Inn Portland I-5 South Wilsonville

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 a Manufacturing Hub, Home to Plants for Major Corporations such as Collins Aerospace, Coca Cola, Sysco, TE Connectivity and More
• 10 Miles to Clackamas County Fairgrounds, which Hosts the Clackamas County Fair & Rodeo (140k Attendees Annually) and Several Other Events Throughout the Year
• 15 Miles to the Woodburn Premium Outlets, which Attracts Many Visitors from Washington State and Canada | Within 15 Miles of Tualatin National Wildlife Refuge, Tryon Creek Natural Area, Oaks Amusement Park and Several Parks
• 17 Miles to Oregon Convention Center (~500 Events Per Year | Projected 260,000 Visitors in 2025)
• Other Demand Drivers Include Legacy Meridian Park Medical Center, Postlewait's Wedding Venue, Nike World HQ, Intel Campus, and Portland International Airport (PDX), which Accommodated 17.5M+ Passengers in 2023

Description:

David Tabata // Broker of Record // License OR 201224889

Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.

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.

Click Here For Offering Memorandum: https://allredhotelgroup.com/?propertyId=WilsonvilleORHI
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