$10-20 Million | Midscale | Select-Service | 80 Keys
Representing The Seller Of This Midscale Franchise Hotel Near An International Airport
[Missoula, Montana – May 2022] Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, announced the successful sale of the La Quinta Inn by Wyndham Missoula in Missoula, Montana. CIP, a licensed Montana 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.
About La Quinta Inn by Wyndham Missoula
The La Quinta Inn Missoula is an 80-key, midscale, interior corridor, select-service, franchised hotel. The hotel features a spacious lobby, business center, fitness center, indoor pool, and hot tub. The property includes a meeting room/event space that accommodates up to 25 guests. Near Downtown Missoula, this hotel is close to shopping and dining. In addition, the hotel has trusted brand recognition, airport proximity, excellent highway visibility, and easy access.
Michelle Kennedy, CIP Principal/Designated Broker said,
Missoula is a peak market with substantial interest from Buyers. With multiple offers generated by CIP marketing outreach, the Sellers were pleased to secure a full-price sale. As a result, the Sellers can redeploy capital, and the Buyer will complete a PIP refresh while looking to the region’s future for strong upside.”
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
If you own a hotel in the Pacific Northwest and would consider offers to purchase your property, we actively seek property for Buyers in all areas and price ranges. Contact us to receive offers or to request a discreet market analysis.