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    Yahoo Finance , /PRNewswire/ -- Hilco Real Estate Sales, in cooperation with Marcus & Millichap, announce a July 17, 2025 offer deadline for the Shilo Inns Newport Oceanfront. This 179-room hotel is located at 536 SW Elizabeth Street in Newport, Oregon, and offers exclusive beachfront access. The property spans 2.48± acres across five buildings and features meeting space, a restaurant, café, and indoor pools.

    Zoned C2, the hotel is strategically located near key demand drivers including Nye Beach and the Oregon Coast Aquarium. Newport is a year-round tourist destination known for its scenic beauty and historic bayfront. The city draws consistent drive-to traffic from Portland and Eugene, with limited new development in the area.

    Jordan Schack, vice president at Hilco Real Estate Sales, stated, "This asset offers an exceptional opportunity to acquire a legacy hotel with tremendous upside." Offers must be submitted no later than July 17, 2025, using the Asset Purchase Agreement available on Hilco Real Estate Sale's website. For further information, please contact Jordan Schack or visit HilcoRealEstateSales.com.