$1-3 Million | Economy | Full-Service | 53 Keys
Representing the Buyer and Seller of this Full-Service Idaho Resort with Diverse Revenue Streams
[Kooskia, Idaho – September 2023] Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, announced the successful sale of the Three Rivers Resort in Kooskia, Idaho. CIP, a licensed Idaho brokerage, represented the Buyer and Seller in the sale. Joseph P. Kennedy, President of CIP, and the CIP Team worked closely with the Buyer, Seller, and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.
About Three Rivers Resort
Three Rivers Resort is a full-service, 53-key economy property in North Central Idaho at the convergence of the Selway, Lochsa, and Middlefork Clearwater Rivers. This seasonally operated resort is strategically located on owned riverfront land, offering diverse accommodation styles. The property encompasses an array of features, including RV and Lodge units, a restaurant, and a convenience store/gift shop. The property also boasts excellent wedding and event space as a destination resort area. Recent capital improvements have significantly enhanced the conveniences and comfort the property extends to its guests.
Joseph P. Kennedy, President of CIP, said,
This transaction showcases the unique value and potential that Three Rivers Resort offers. We were pleased to work with the parties to execute an extremely tight timeframe and complicated closing. We had strong interest and are looking forward to seeing the improvements planned for the property in the future.”
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 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
For more information contact:
Crystal Investment Property, LLC
The Pacific Northwest Hospitality Specialists