In Brief: The Society Hotel – Portland, a 62-bed independent hospitality asset located in downtown Portland’s historic Old Town Chinatown, has been put up for sale, with the listing exclusively managed by Crystal Investment Property. This unencumbered property offers immediate operational flexibility and significant adaptive-reuse potential in a federal Opportunity Zone.
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The Society Hotel – Portland
Crystal Investment Property (CIP), a leading hospitality investment brokerage, is pleased to announce the exclusive representation for the sale of The Society Hotel – Portland, a 62-bed independent hospitality asset located in downtown Portland’s historic Old Town Chinatown. The hotel is a select-service asset that presents an acquisition opportunity in a federally designated Qualified Opportunity Zone with fee-simple land ownership and immediate operational efficiencies.
Hotel Profile At A Glance
- Asset: 62-bed independent boutique hotel
- Overview: Economy | Select-Service | 38 Keys + 24 Bunks
- Room Mix: Flexible Ensuite, European, and Dorm-style Rooms
- Location: Old Town Chinatown, In Downtown Portland, Oregon Core
- Status: Unencumbered By Franchise or Management Agreements
- Tax Benefit: Qualified Federal Opportunity Zone Location
Operational Advantages
The Society Hotel – Portland operates free of franchise constraints, allowing for complete control over brand identity and operational strategy. Brand does not transfer with the sale. Its 62-bed configuration, which includes custom bunkhouse beds, standard rooms, and premium suites, provides the versatility to target multiple segments of the $5.5 billion Portland visitor economy.
Value-Add Amenities & Infrastructure
This hotel includes revenue-generating amenities optimized for both guests and local neighborhood traffic.
- Rooftop: Panoramic deck with 360-degree views, featuring a year-round outdoor spa and sauna, designed for private events and high-margin group bookings.
- Ground Floor: ~1,000 SF cafe and bar with a full liquor license, suitable for neighborhood repeat business.
- Sustainability: LEED Silver-certified infrastructure minimizes future CapEx and satisfies institutional ESG (Environmental, Social, and Governance) requirements.
Strategic Market Positioning
Located three blocks from Tom McCall Waterfront Park and two blocks from the MAX Light Rail, The Society Hotel – Portland is positioned as a dominant, affordable alternative to neighboring lifestyle hotels. The building layout is ideally suited for continued lodging or immediate conversion to senior, student, multifamily, or co-living housing.
This property offers a compelling hospitality acquisition for experienced investors seeking to capture a share of the 8.5 million annual visitors to the Portland metro market.
Click to: Access Secure Documents, Full Offering Memorandum, & Financials
Disclaimer: The building and parcel sizes are approximate. All information is obtained from sources deemed reliable and is subject to buyer verification. All property tours must be arranged through the broker. Do not contact the property or employees.
About CIP
Crystal Investment Property, a premier hospitality investment advisory and brokerage company located in the Pacific Northwest, maintains the most cutting-edge technological, online, and social media presence as well as a full range of traditional and web-based marketing reaching local, regional, national, and international clientele. The firm’s core services of hospitality asset acquisition/disposition are supported by innovative and creative solutions to maintain its position as the most active and successful hotel broker in the region. Crystal Investment Property represents the full spectrum of hospitality real estate owners and their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, limited-service hotels, as well as development projects, and leasehold transactions.
Media Contact:
Teri G. Beck, Marketing Director
Crystal Investment Property
503.530.1316
[email protected]
