Crystal Investment Property, LLC, a member of Hotel Brokers International, announced the successful sale of The Dalles Inn, The Dalles, Oregon. Crystal Investment Property, LLC, a licensed Oregon broker, exclusively represented the Seller in the sale. Joseph P. Kennedy, President of CIP, worked closely with the Seller and Buyer as well as lenders and other professionals, to negotiate a mutually acceptable sale. The final sale price was confidential.
The 64-key property sits off Highway 84 in the heart of booming Columbia Gorge city of The Dalles, Oregon. With excellent proximity to shops, restaurants, businesses and being visible from Interstate 84 with easy access to tens of thousands of daily travelers, The Dalles Inn enjoys an ideal location.
Joseph Kennedy, President of Crystal Investment Property said, “The booming economy and unique appeal of the Columbia Gorge attracted a strong cadre of interested investors over the term of our marketing. We were pleased to be able to secure an outstandingly capable party to assume the operations of this terrific city center hotel.”
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