Benedicte Carbonnier - Coldwell Banker Walla Walla Logo
$2,700,000
( $370.17Per Sq Foot )
 $14,494 est/mo Sourced by Back At You

11324 NE Sandy Blvd,Portland, OR 97220

Portland, OR 97220

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Description

Exceptional 24-Unit Income-Producing Motel on NE Sandy Blvd. Prime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This 24-unit motel spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager’s residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income. The office/residence features a well-designed layout with a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Its configuration supports multigenerational living, extended-stay occupancy, or flexible use depending on ownership needs. Floor plans available upon request. Strategically positioned along a corridor undergoing significant infrastructure upgrades and long-term mixed-use redevelopment, the property stands to benefit from continued neighborhood growth and future value appreciation.With close proximity to Portland International Airport, I-205, and key retail and service amenities, this asset is well suited for continued motel operations or a value-add repositioning strategy. Financials available upon request. Buyer to perform all due diligence.

Details

MLS #375021372
Listing TypeFor Sale
StyleHotelmotel
Building NameHorseshoe Inn Motel
Sub-TypeResale
StatusActive
Year1930
Days On Site155
Listing Provided ByKeller Williams Realty Professionals | John Hatch

Features

SQ Feet7,294
Story(s)1
Building(s)6
ZoningCE
Acreage0.71

Interior

HeatingMini Split, Wall Heater
Heating YnYes
CoolingMini Split
Cooling YnYes

Exterior

RoofMetal
Construction MaterialsWood Siding

Parking

Attached Garage YnNo
Parking FeaturesOff Street, On Site

Taxes

Property21604

Area Information

StateOR
CountyMultnomah
CityPortland
Zip Code97220
Listing VS Median (in 97220)
Price:
$2,700,000
low | high
Med:
$475,000
100% of Average
sqft:
7,294
low | high
Med:
1,916
100% of Average
$ / sqft:
$370
low | high
Med:
$248
83.026946570788% of Average
On site:
155
low | high
Med:
44
100% of Average
Sourced by Back At You

Market Activity 97220

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Contact

Learn More About This Property

Benedicte Carbonnier

Benedicte Carbonnier

Coldwell Banker Walla Walla

 (509) 730-9755benedicte@wallawallacb.com
StateOR
CountyMultnomah
CityPortland
Zip Code97220
Listing VS Median (in 97220)
Price:
$2,700,000
low | high
Med:
$475,000
100% of Average
sqft:
7,294
low | high
Med:
1,916
100% of Average
$ / sqft:
$370
low | high
Med:
$248
83.026946570788% of Average
On site:
155
low | high
Med:
44
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.25M - $3.375M
sqft: 5,000 - 9,000
Nearby Listings Property ImageNearby Listings Details
5546 NE 109TH AVE Property Photo 1
$850,000
5546 Ne 109th Ave
Portland, OR 97220
Listing Updated: July 10, 2026 at 12:44:24 PM PDT