#United States #Hilco Real Estate #Newport #Shilo Inns

Prime Investment Opportunity at Shilo Inns Newport

Hilco Real Estate Sales, in collaboration with Marcus & Millichap, has made an exciting announcement regarding the sale of Shilo Inns Newport Oceanfront, a highly desirable hotel located in Newport, Oregon. This full-service hotel, comprising 179 rooms, is now on the market with a bid submission deadline set for July 17, 2025. Positioned directly along the stunning Pacific Ocean, this property represents a lucrative chance for potential investors, hotel operators, or redevelopment experts looking to tap into one of Oregon’s thriving tourism hubs.

The hotel, which spans approximately 2.48 acres and features five distinct buildings, boasts 900 feet of exclusive beachfront access—an impressive attribute that adds significant value to the investment. Originally constructed in 1966, Shilo Inns Newport is not just a place to stay; it's a multifaceted facility featuring spacious guest accommodations with both interior and exterior corridors, over 5,000 square feet of meeting space, as well as a sizable restaurant and lounge offering panoramic views of the ocean. Additional amenities include a quaint café and two indoor swimming pools, making it a prime destination for travelers year-round.

Strategically located near key attractions such as Nye Beach, the Oregon Coast Aquarium, and the Hatfield Marine Science Center, Shilo Inns Newport benefits from a robust footfall due to its proximity to vital demand drivers, easily accessible via U.S. Route 101. Newport is renowned for its picturesque scenery, historical bayfront, lively marine industry, and outdoor recreational activities, making it a consistent draw for tourists from cities like Portland and Eugene. Moreover, with a moderate supply of hotels and limited new developments in the area, this asset stands out against the backdrop of a favorable market.

Investment expert Jordan Schack, vice president at Hilco Real Estate Sales, emphasized the unique advantages of this property, stating, "This asset offers an exceptional opportunity to acquire a legacy hotel with tremendous upside. With its premier location and multiple revenue drivers, the Shilo Inns is well-positioned to become a dominant hospitality anchor on Oregon's Central Coast." The current market dynamics, combined with strong ongoing revenue streams, position Shilo Inns Newport with substantial potential for value enhancement through operational efficiencies, capital improvements, or comprehensive redevelopment.

Prospective buyers are encouraged to submit offers by the specified deadline of 5:00 PM (PT) on July 17, 2025. Interested parties can find the Asset Purchase Agreement (APA) and further details on Hilco Real Estate Sales' official website. For additional inquiries, potential investors can reach out to Jordan Schack at (847) 504-3297, or other representatives at provided contact numbers. All the necessary information regarding the property, sale process, terms, and access to due diligence documents can be obtained through HilcoRealEstateSales.com or by calling (855) 755-2300.

About Hilco Real Estate Sales

Hilco Real Estate Sales (HRE), a trusted partner in navigating real estate transactions, is instrumental in helping clients optimize their asset portfolios for sustained financial health. With over 20 years of experience and billions in secured value for clients, HRE prides itself on addressing complex real estate transactions and transitions, strategizing to enhance cash flow, maximize asset values, and minimize financial risks. Their expertise in various financial aspects, including lease negotiations, multi-faceted sales structures, and strategic asset management, ensures the best outcomes for every unique client situation.