$5-10 Million | Upper Midscale | Select-Service | 66 Keys
Representing the Buyer of this Franchise Hotel in the Heart of Oregon’s Wine Country
[McMinnville, Oregon – July 2021] 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.
About Comfort Inn & Suites McMinnville
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 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 crystalip.com.
For more information contact:
Crystal Investment Property, LLC
The Pacific Northwest Hospitality Specialists