Representing the Seller of this Independent Coast Motel Walking Distance to the Beach
[Ocean Shores, Washington – December 2020] Crystal Investment Property, LLC, (“CIP”) a member of Hotel Brokers International, announced the successful sale of the Ocean Shores Resort in Ocean Shores, Washington. CIP, a licensed Washington brokerage, represented the Seller in the sale. Joseph 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.
The Ocean Shores Resort is a midscale 40 key, exterior corridor, boutique beach motel. Updated in 2019, the motel includes 18 oceanside rooms and 18 streetside rooms with excellent visibility on the main thoroughfare in the popular Washington Coast town of Ocean Shores. The motel is ideally situated within walking distance from the Pacific Ocean, dining, galleries, parks, and tourist attractions. This coastal destination town is an easy weekend getaway for the major metropolitan areas of Seattle, Olympia, and Tacoma.
Michelle Kennedy, Principal Broker at CIP said,
Driven by our successful marketing and superior market presence, we were able to find the perfect Buyer even during these unprecedented times. Once we found a qualified Buyer, we worked diligently to complete the sale within three weeks. We are happy to see the Seller move on to new adventures and hope to see the continued success of Ocean Shores Resort.”
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 its 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 www.crystalip.com.
For more information contact:
Crystal Investment Property, LLC
The Pacific Northwest Hospitality Specialists