$1-3 Million | Economy | Limited-Service | 72 Keys
Representing the Seller of this Economy Motel Positioned For Conversion
[Ellensburg, Washington – September 2022] Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, announced the successful sale of the Motel 6 Ellensburg in Ellensburg, 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 Buyer and Seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.
About Motel 6 Ellensburg
The Motel 6 Ellensburg, Washington, was an off-market sale of an economy, limited-service motel with 72 keys. This exterior corridor property is ideally located a short distance from downtown restaurants, bars, shopping, and Central Washington University (CWU). The hotel was purchased as a conversion project and will no longer operate as a motel.
Joseph P. Kennedy, President of CIP, said,
Representing the Seller, a long-time client, we were pleased to facilitate the off-market sale of the Motel 6 in Ellensburg. CIP worked closely with the Buyer’s Broker to aid in the zoning changes and challenges in the successful Closing of Motel 6 Ellensburg. The Buyer plans to convert the hotel into apartments, bringing additional housing options to the Ellensburg area. We look forward to seeing the completed conversion project and continued growth in the Ellensburg area.”
###
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
503.530.1316
Contact Us
