ABOUT THE PROPERTY
We are excited to announce the recent sale of the Eastside Lodge, a 78 unit motel located along iconic Burnside St. in Portland’s bustling Central Eastside Industrial District. The property is less than a mile from the Willamette River and Burnside Bridge leading into Portland’s Central Business District. This sale included the negotiation of the simultaneous purchase of the motel and previously leased land, making this a complex deal that required extra cooperation from all parties.
Brian Resendez, CCIM and Joseph Aiston of SVN | Bluestone in cooperation with Kevin VandenBrink of Macadam Forbes, Inc. represented both the Fee Seller and the Leasehold Seller.
*Congratulations to both Buyer and Seller in this successful transaction!*