For immediate release
Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, announced the successful sale of the Wingate by Wyndham Great Falls in Great Falls, Montana. CIP, a licensed Montana brokerage, represented the Seller in the sale. Michelle Kennedy, Principal/Designated Broker, and the CIP Team worked closely with the Buyer and Seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.
Wingate by Wyndham Great Falls, Montana, is a 62-key, select service franchised midscale hotel with interior corridors. The property features a front lobby, lounge area, spacious breakfast area, business center, convenience store/sundries mart, guest laundry, and a heated indoor pool. The hotel is ideally situated with highway visibility with excellent proximity to historic downtown, museums, restaurants, and the international airport.
Guest room mix includes a selection of Queen Single, Queen Double, King Single, and King Deluxe. In addition, King Single ADA and King Deluxe ADA (Mobility Accessible) rooms are available. Guest amenities include non-smoking guest rooms, free WiFi, a flat-screen TV with premium movie channels, a desk, coffee maker, hairdryer, iron, and ironing board.
Great Falls Montana is located on the Missouri River in the heart of Montana. The city provides a base camp for outdoor adventures, arts, culture, shopping, and more.
Michelle Kennedy, Principal/Designated Broker, said, “The Great Falls, Montana hospitality market offered an opportunity for Buyers looking to get into a recently updated turn-key property with excellent brand name recognition. With multiple offers generated during CIP’s competitive process, we were able to maximize the property’s value successfully. We look forward to the continued success of both the Buyer and the Seller of this property.”
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 hospitality asset acquisition/disposition services are supported by innovative and creative solutions to maintain its position as the region’s most active and successful hotel broker. Crystal Investment Property represents the full spectrum of hospitality real estate owners. Their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, limited-service hotels, development projects, and leasehold transactions. Visit Crystal Investment Property online at crystalip.com.
Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 100 property listings and the HBI website attracts site visitors from around the world. HBI is the founder and administrator of the Certified Hotel Broker program – the industry’s only professional designation for Hotel Brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit hbihotels.com.
Hotel Brokers International
Kansas City, Missouri
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