For immediate release
[Moses Lake, Washington – 3/4/2021]
Crystal Investment Property Brokers the Sale of Motel 6-Moses Lake
Representing the Buyer and Seller of this Economy Franchise Near Scenic Moses Lake
Crystal Investment Property, LLC, (“CIP”) a member of Hotel Brokers International, announced the successful sale of the Motel 6 in Moses Lake, Washington. CIP, a licensed Washington brokerage, represented the Seller in the sale. Joseph P. Kennedy, President of CIP, and the CIP Team worked closely with the Seller and Buyer, as well as the parties’ other professionals, to negotiate a mutually acceptable sale. The final sale price is confidential.
Motel 6 Moses Lake is an 89 key economy franchise hotel conveniently located off I-90 exit 176. Facilities include an outdoor swimming pool, grassy courtyard area, and ample parking for trucks, buses, or RVs. The hotel is a short distance to the lake with restaurants and shops are nearby. Located approximately 100 miles west of Spokane and 180 miles east of Seattle, Moses Lake is a prime tourist destination in North Central Washington.
Joseph P. Kennedy, President of CIP said, “We’re pleased to have helped the Buyer and Seller achieve their portfolio goals with the sale of Motel 6 Moses Lake. Our team worked swiftly to complete this off-market transaction to the mutual satisfaction of our clients. We look forward to tremendous success for the Buyer in Moses Lake and wish the Seller well as they transition into new opportunities.”
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 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