Representing the Seller of this Independent Economy Hotel with RV & Camping Sites
Crystal Investment Property, LLC, (“CIP”) a member of Hotel Brokers International, announced the successful sale of the Sacajawea Inn in Salmon, Idaho. CIP, a licensed Idaho 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.
The Sacajawea Inn is a 24 key, economy, exterior corridor, historic hotel. Built in 1950, and updated throughout the years, this hotel sits on ~1.82 acres of owned land. Located only half a mile from the Salmon city center, the hotel has excellent Highway 93 frontage and access. The property has 9 RV sites with full hookups that also serve as seasonal tent camping sites. Bathrooms and showers, as well as guest laundry, are available for RV & camping guests. The Sacajawea Inn features a recently updated restaurant. Charming murals by a local artist are prominent throughout the hotel.
Joseph P. Kennedy, President of CIP said, “Just two weeks after our initial marketing launch, our team was able to find the Buyer who was the perfect fit for this special property. We wish the Seller well in their future endeavors and look forward to the exciting changes in store for the property.”
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.
About Hotel Brokers International
Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 100 property listings and the HBI website attracts site visitors from around the world. HBI is the founder and administrator of the Certified Hotel Broker program – the industry’s only professional designation for Hotel Brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit hbihotels.com.
Contact:
Teri G. Beck, Marketing Director
Crystal Investment Property, LLC
Portland, Oregon
503.530.1316
teri@crystalip.com
Glenda J. Webb, Executive Director
Hotel Brokers International
Kansas City, Missouri
816.505.4315
gwebb@hbihotels.com