Crystal Investment Property, LLC, a member of Hotel Brokers International, announced the successful sale of A Bandon Inn, in Bandon, Oregon. Crystal Investment Property, LLC, a licensed Oregon broker, represented the Seller and Buyer in the sale. Joseph P. Kennedy, President of CIP, worked closely with the Seller and Buyer, as well as the parties’ other professionals, to negotiate a mutually acceptable sale. The final sale price was confidential.
The 8-key property, which can accommodate up to 12 guests, was an outstanding opportunity for a new owner to invest in a gorgeous destination golf property on the beautiful Southern Oregon Coast near world class Bandon Dunes and the Pacific Ocean. Known for serving an upscale clientele primarily of golfers seeking quality accommodations and service near the internationally renowned courses nearby, the property offers luxury amenities in a casual atmosphere.
“This phenomenal property enjoys a strong repeat clientele,” said Joseph Kennedy, President of Crystal Investment Property. “The Seller spent years curating a strong business and the Buyer has begun the process of building on this foundation and further enhancing its reputation as a world class destination lodge. We were pleased to assist the parties in structuring a creative and complementary transaction that met the unique needs of the Buyer and Seller.”
Crystal Investment Property, a premiere 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 assets 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.
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. Founder and host of the popular Hotel Investor’s Marketplace Webcast, HBI also developed the Certified Hotel Broker professional designation program. 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.
For more information contact:
Joseph P. Kennedy, President
Crystal Investment Property, LLC
Glenda J. Webb, Managing Director
Hotel Brokers International
Kansas City, Missouri