Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Portland-Jantzen Beach, a four-story hotel located in Portland, the largest city in Oregon. Recently renovated in 2024 with a full Formula Blue PIP completed, the property features 74 interior corridor guest rooms, an indoor pool and spa, fitness center, business center, complimentary breakfast buffet, sundry shop, and 475 square feet of meeting and event space. The Holiday Inn Express & Suites Portland-Jantzen Beach is strategically situated on Hayden Island, offering exceptional access to both Portland and Vancouver. Portland is recognized for its robust technology sector, anchored by the Silicon Forest, and serves as the headquarters for global companies such as Nike. The city features a dynamic cultural landscape, distinguished universities, and extensive recreational opportunities. This property provides convenient connectivity to downtown Portland, major healthcare facilities, Portland International Airport, and prominent venues including the Portland Expo Center, Moda Center and Convention Center, which attract thousands of visitors annually. The Holiday Inn Express & Suites Portland-Jantzen Beach represents the opportunity to acquire a franchised 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.