Representing the Seller of this 47 Key Franchised Economy Hotel
[Pendleton, Oregon – December 2018] – Crystal Investment Property, LLC, (“CIP”) a member of Hotel Brokers International, announced the successful sale of America’s Best Value Inn in Pendleton, Oregon. CIP, a licensed Oregon brokerage, represented the Seller in the sale. Joseph P. Kennedy, President of CIP, 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.
America’s Best Value Inn Pendleton is a beautiful two-story economy franchised hotel offering 47 spacious guest rooms with a variety of room styles in Pendleton’s Downtown Core. The hotel features guest amenities such as outdoor seasonal pool, guest laundry, and conference rooms. The property featured excellent financials, strong ROI, and 2 bedroom Owner’s Quarters.
Joseph Kennedy, President of CIP said,
ABVI enjoyed a number of offers and we were pleased that the Sellers were able to pass on this terrific property to a new Buyer who brings energy and enthusiasm to the community. We are happy to help the Seller move on to their next property and wish the Buyer the best as they take over the reins of this classic motel in the destination Western town of Pendleton with its world famous Rodeo!”
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 assets 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 www.crystalip.com.
For more information contact:
Joseph P. Kennedy, CHB / President
Crystal Investment Property, LLC