The Extended Stay America – Portland – Gresham provides an excellent opportunity for investors to acquire an Extended Stay asset with flexibility on branding and use-case of the Property. This Hotel is institutionally owned and operated providing significant growth opportunities from a top-line perspective as the Hotel has a 65% RevPAR penetration on the April 2023 TTM. The Hotel is located directly next to an off-ramp for I-84, which has an average daily traffic count of over 75,000 vehicles.

This location not only offers a superb location for travelers looking to stay the night, but also offers great visibility of the Hotel from major thoroughfares. This could be attributed to the Hotels proximity to downtown Portland (under 13 miles away) or the Portland International Airport (under 7 miles away).

The Hotel also benefits from being in an industrial park with 75 industrial tenants within just half a mile from the Property. Namely the 900,000+ SF Albertsons Distribution Center with 550+ employees located just across the street.