ABOUT THE PROPERTY
The Best Western Wilsonville Inn & Suites was built in 1997 as a Phoenix Inn. The property was then converted to an independent hotel, the Wilsonville Inn & Suites, and following an $800,000 renovation the property was branded a Best Western in October of 2012. This was an off-market deal in which Brian Resendez represented the seller and brought to the table a qualified buyer looking to purchase a hotel within the Portland, OR MSA. The most challenging aspect of this deal was obtaining adequate financing in a timely manner. Excellent and timely communication and negotiations were required to hold the deal together while information and data were passed to the necessary participants.
- Price: $5,323,500
- Units: 56
- Location: Wilsonville, OR off I-5, 20 minutes South of Portland
- Year Built: 1997