Hilco Real Estate Sales Promotes Coastal Hotel Investment
Investment Opportunity at Shilo Inns Newport Oceanfront
Hilco Real Estate Sales is thrilled to present a prime investment opportunity with the Shilo Inns Newport Oceanfront, an outstanding full-service hotel providing a total of 179 guest rooms. This impressive property is uniquely situated along the picturesque Pacific Coast, spanning 2.48± acres and featuring exceptional beachfront access of 900 feet. The hotel’s precise location is at 536 SW Elizabeth Street, enhancing its appeal to prospective buyers.
Features and Amenities That Delight
Built in 1966, the Shilo Inns Newport Oceanfront not only features spacious guest accommodations, but also includes over 5,000± square feet of meeting space for business gatherings and events. The hotel boasts a full-service restaurant and lounge extending 3,450± square feet, complete with breathtaking ocean views—a perfect setting for dining experiences. Additionally, guests can enjoy a 1,178± square foot café and two indoor pools, elevating their stay.
Strategic Location Near Key Attractions
Newport is a noteworthy year-round tourist destination, renowned for its remarkable scenic beauty and rich marine industry. Being strategically positioned near well-known attractions such as Nye Beach, the Oregon Coast Aquarium, and the Hatfield Marine Science Center, the hotel benefits from a consistent flow of visitors. Access to U.S. Route 101 further enhances the reach for travelers from nearby cities.
A Great Potential for Growth
Jordan Schack, a vice president at Hilco Real Estate Sales expressed, "This asset presents an exceptional opportunity for visionary investors looking to capitalize on a storied hotel with immense potential. With its ideal location and various income streams, the Shilo Inns has significant value-add prospects through operational enhancements and strategic redevelopment. Additionally, the Newport area experiences consistent traffic from key cities like Portland and Eugene, ensuring a steady demand for hospitality services."
Investment Submission Deadline
Interested buyers must submit their offers no later than July 17, 2025, at 5:00 p.m. (PT), using the Asset Purchase Agreement (APA) available via Hilco Real Estate Sales. Direct inquiries for further information can be directed to Jordan Schack at (847) 504-3297 or Chris Gomes at (972) 786-2719. Other contacts for the sale include Christian Apt at (972) 755-5217 and David Tabata at (503) 200-2050.
About Hilco Real Estate Sales
Hilco Real Estate Sales (HRE), a part of Hilco Global, specializes in real estate asset optimization, cash flow improvement, and risk mitigation. With over 20 years of experience and a proven track record of securing billions in value for clients, HRE offers comprehensive expertise in complex transactions, strategic asset management, and capital optimization. Their team is dedicated to identifying suitable paths for organizations and their real estate portfolios, ensuring remarkable outcomes in all situations.
Frequently Asked Questions
What is the investment opportunity being offered?
The investment opportunity involves the Shilo Inns Newport Oceanfront, a 179-room hotel located along the beautiful Pacific Ocean, making it a lucrative asset for buyers.
When is the submission deadline for offers?
Offers must be submitted by July 17, 2025, at 5:00 p.m. (PT) using the provided Asset Purchase Agreement.
What amenities does the hotel offer?
The hotel features a full-service restaurant, café, meeting spaces, and two indoor pools, enhancing the guest experience.
Who can I contact for more information on the property?
Interested parties can contact Jordan Schack or other team members for detailed inquiries regarding the property.
What is the significance of investing in this hotel?
This hotel presents a unique chance for investors looking to capitalize on its high demand, prime location, and potential for operational improvements.
About The Author
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