11460 SW Pacific Highway, Tigard, OR
Hotel for Sale - $2,950,000 - 2.5 acres
Property Info
| CIMLS# | 455264 |
| Location 11460 SW Pacific Highway Tigard OR 97223 | |
| Updated | April 8th, 2013 |
| Type | Hotel |
| Price | $2,950,000 |
| Land | 2.5 acres |
Property Description
This property is in contract, back up offers only!
Large select service hotel, right off the I-5 freeway on the south end of the Portland Metro area. Upgrades throughout with re-branding to Quality Inn in 2009. Ample upside for new owner.
Cap Rate is Proforma based on PKF/Host Industry standards and actual income for 2011. Building size is approximate. NO TOURS WITHOUT PRE-ARRANGEMENT. Do not disturb employees or guests. Contact Crystal Investment Property, LLC for more information or to schedule a tour.
THIS PROPERTY IS IN CONTRACT
I-5 Freeway near junction of the 217 Freeway with excellent access to downtown Portland Central Business District, Beaverton, Tigard, Tech Corridors, entire west-side Metro businesses, amenities and attractions.
Highlights
Financials
9.26% proforma Cap on 2011 income over $770k with industry standard expenses.