Representing the Seller of this Upscale Glamping Resort Destination Near Yellowstone National Park
Crystal Investment Property, LLC, (“CIP”) a member of Hotel Brokers International, announced the successful sale of the Dreamcatcher Tipi Hotel in Gardiner, Montana. CIP, a licensed Montana brokerage, represented the Seller in the sale. Michelle L. Kennedy, Principal/Designated Broker at 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.
Dreamcatcher Tipi Hotel offers visitors the upscale resort amenities of a hotel and the adventure of camping. The property features 4 owned acres within walking distance to the Yellowstone River and just a short drive from the only year-round entrance to Yellowstone National Park. Hotel features 14 – 22’ wood and canvas tipis, each one sleeps 2-4 guests comfortably. Every tipi offers guests full electrical, including outlets and lighting, as well as heaters for comfort. A new bathhouse offers 7 private bathrooms, steaming hot rain showers, warm-to-touch heated floors, and high-end fixtures. Guest amenities include high-end furnishings, luxury bedding, bath products, and towels, as well as complimentary coffee. Facilities include a lobby/store tent, breakfast tent, storage sheds, mechanical room, fire-pit, barbeques, and ample parking. The property includes fenced in RV hookups.
Michelle Kennedy, Principal/Designated Broker at CIP said, “The successful sale of the Dreamcatcher Tipi Hotel marks a historic moment for CIP, being the first ‘glamping resort’ transaction in our expanded Montana hospitality market. Drawing from a broad and diverse pool of investors, we were able to facilitate the best possible offer for the Seller of this unique resort. We wish the Seller the very best of luck in their future endeavors and we look forward to working with the Buyer as they continue to expand their portfolio.”
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 https://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 www.hbihotels.com.
Joseph P. Kennedy, CHB / President
Crystal Investment Property, LLC
Glenda J. Webb, Executive Director
Hotel Brokers International
Kansas City, Missouri