I have not stayed at this hotel, so I can only comment on its location in the city.
It is located at the far north end of Portland. The water channel just north of the hotel separates Oregon from Hayden Island, and north of the Island is the state of Washington. So, you can't be much further north and still be in Portland (you can be, but then you would be on the island).
The location is close to the Exposition Center, so if you are wanting to go there for an event, this is a reasonably good hotel to stay in for that. However, to get to downtown Portland you would either need to drive on Interstate 5 (even under the best of circumstances it is a very crowded highway, and at peak commute hours it is very slow), or make your way over to the rail transit line that serves the Exposition Center.
The problem with those options is that there is a very severe highway interchange that separates the hotel from the Exposition Center and its rail transit station. Thus, getting to either from the hotel is a bit of a chore unless you drive. Parking at the Exposition Center is fairly expensive (for some events up into the $8 a day range) and so making that short drive from the hotel to the Exposition Center may become fairly expensive once you start to include rental car cost and the cost of parking.
It is possible to walk the distance between the hotel and the Expo Center, but the route is very circuitous due to the huge complicated highway interchange between the hotel and the Expo Center, plus the Expo Center parking lot.
There is a bus route that is close to the hotel, but it is bus route #16, which really isn't that convenient of a route unless you are going to the various north Portland industrial sites it serves.
For tourist travel, this hotel is useful if you need a place close to Interstate 5, but even if you are attending an event at the Exposition Center it really isn't that convenient, and even if you are going to one of those events there are a lot of reasons to stay closer to downtown (more tourist attractions) and take the train to the Expo Center rather than have to rent a car and drive for the very short and very expensive (car rental + parking) trip between this hotel and the Expo Center. I don't see why anyone would want to fight the traffic on Interstate 5 to get to downtown from here, if your goal is to do the standard tourist items.
At least if you take the rail transit train from the downtown Portland area to the Exposition Center there is no parking fee, and there are no busy streets to cross (though you still need to walk the entire length of the Exposition Center parking lot to get from the train station to the entrance).
The hotel web site does say that they have a complimentary shuttle service to the Portland airport (reservation required), so this may be a good option for airport travelers as well - though there are better options for that too. There is no statement about there being a complimentary shuttle to the Exposition Center, even though it is very close, but very difficult (due to the highway interchange and busy roads) to walk to, and too short a distance to really be a worthwhile drive to.
The hotel does feature a view of the channel between north Portland and Hayden Island, and it is also close to the Portland International Raceway, the Portland Meadows horse racing track, and a large regional sports field park.
506 S.W. Washington, (formerly 5th Avenue Suites), Portland
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Address: 1231 North Anchor Way at Marine Drive, Portland, Oregon, 97217, United States