**Coastal Oregon Hotel Hits the Market Via Hilco Real Estate Sales**
Hilco Real Estate Sales, in cooperation with Marcus & Millichap, has announced that the offer deadline for the Shilo Inns Newport Oceanfront is set for July 17. This 179-key, full-service hotel is located at 536 SW Elizabeth Street in Newport, Oregon. Positioned directly on the Pacific Ocean, the property presents an exceptional opportunity for experienced hospitality investors, operators, or redevelopers to acquire a prominent coastal asset.
Constructed in 1966, the hotel spans 2.48 acres and consists of five buildings. It features 900 feet of exclusive beachfront access. The property is strategically located near major local attractions, including Nye Beach, the Oregon Coast Aquarium, and the Hatfield Marine Science Center, with convenient access via U.S. Route 101.
“This asset offers an exceptional opportunity to acquire a legacy hotel with tremendous upside,” said Jordan Schack, Vice President at Hilco Real Estate Sales. “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.”
