Marcus & Millichap Presents Strategic Investment Opportunity in Shilo Inns Newport Oceanfront Hotel

### Strategic Hospitality Opportunity in Newport

Hilco Real Estate Sales, in collaboration with Marcus & Millichap, announces a compelling opportunity for potential investors with the upcoming offer deadline for the Shilo Inns Newport Oceanfront hotel. This full-service hotel, located at 536 SW Elizabeth Street in Newport, Oregon, features 179 guest rooms and occupies approximately 2.48 acres of prime real estate. The property, established in 1966, boasts 900 feet of exclusive beachfront access along the Pacific Ocean, making it an attractive destination for both tourists and business travelers. With over 5,000 square feet of meeting space, a full-service restaurant and lounge, and two indoor pools, the Shilo Inns Newport Oceanfront offers extensive amenities that cater to a diverse clientele.

The strategic positioning of the hotel enhances its appeal. It is located near popular attractions such as Nye Beach, the Oregon Coast Aquarium, and the Hatfield Marine Science Center, all of which are easily accessible via U.S. Route 101. Newport is a year-round tourist destination, drawing visitors from major urban centers like Portland and Eugene. With a moderate hotel supply and limited new developments in the area, the Shilo Inns Newport Oceanfront stands out as a valuable asset with significant potential for growth. The property is zoned C2, allowing for various uses, which further amplifies its investment allure.

Jordan Schack, vice president at Hilco Real Estate Sales, emphasizes the exceptional nature of this opportunity, highlighting the Shilo Inns as a legacy hotel capable of becoming a hospitality anchor on Oregon’s Central Coast. Investors are encouraged to explore operational enhancements, capital improvements, or even full redevelopment of the site, all of which can contribute to increasing the hotel’s value. The deadline for submitting offers is set for July 17, 2025, at 5:00 p.m. PT, requiring interested parties to utilize the Asset Purchase Agreement (APA) for their submissions.

In addition to its prime location and potential for operational enhancements, the hotel’s established revenue streams offer a solid foundation for future profitability. The combination of Newport’s tourist appeal and the property’s amenities positions it as a strategic investment in the hospitality sector.

Overall, this collaboration between Hilco Real Estate Sales and Marcus & Millichap signals a significant opportunity in the hospitality market, inviting interested investors to consider how they can capitalize on the unique advantages presented by the Shilo Inns Newport Oceanfront.