For immediate release
[McMinnville, Oregon – 8/9/2021]
Crystal Investment Property Brokers the Sale of Comfort Inn & Suites McMinnville, Oregon
Representing the Buyer of this Franchise Hotel in the Heart of Oregon’s Wine Country
Crystal Investment Property, LLC, (“CIP”) a member of Hotel Brokers International, announced the successful sale of the Comfort Inn & Suites in McMinnville, Oregon. CIP, a licensed Oregon brokerage, represented the Buyer in the sale. Joseph P. Kennedy, President of CIP, and the CIP Team worked closely with the Buyer and Seller, as well as the parties’ other professionals, to negotiate a mutually acceptable sale. The final sale price is confidential.
Comfort Inn & Suites in McMinnville, Oregon is a 66 key, upper midscale, select-service, interior corridor, franchise hotel. Amenities include free high-speed WiFi, breakfast area, fitness center, indoor heated pool, sun deck and sundry shop, a business center with copy and fax machines, and a 450 square foot meeting room for work and social functions. Rooms feature premium bedding, refrigerator, microwave, and a flat-screen TV. The hotel is located in the center of Oregon’s wine country close to a variety of exciting destinations and historic downtown McMinnville.
Joseph P. Kennedy, President of CIP said, “We were honored to represent the Buyer through this transaction. The Seller put their faith in us, knowing that our client would perform and the transaction would be managed professionally throughout. By utilizing our robust network of owners we were able to secure this highly sought-after, off-market property at an excellent price for the Buyer.”
About Crystal Investment Property, LLC
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 services of hospitality asset acquisition/disposition are supported by innovative and creative solutions to maintain position as the most active and successful hotel broker in the region. Crystal Investment Property represents the full spectrum of hospitality real estate owners and their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, limited-service hotels, as well as development projects, and leasehold transactions. Crystal Investment Property may be accessed online at https://crystalip.com.
About Hotel Brokers International
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.
Teri G. Beck, Marketing Director
Crystal Investment Property, LLC
Glenda J. Webb, Executive Director
Hotel Brokers International
Kansas City, Missouri