representing the seller of this newly updated franchise hotel in the heart of Montana
Crystal Investment Property, LLC (“CIP”), member of Hotel Brokers International, announced the successful sale of Wingate by Wyndham Great Falls in Great Falls, Montana. CIP, a licensed Montana brokerage firm, represented the seller at the sale. Michelle Kennedy, Principal/Designated Broker, and the CIP team worked closely with the buyer and seller and the parties’ other professionals to negotiate a mutually agreeable sale. The final sale price is confidential.
The Wingate by Wyndham Great Falls in Montana is a 62-key, franchised mid-range hotel with interior hallways. The property features a lobby, lounge, spacious breakfast area, business center, convenience store/sundry market, dedicated laundry for hotel guests and a heated indoor swimming pool. The hotel is ideally located with visibility on the highway and excellent proximity to the historic city center, museums, restaurants and the international airport.
The mix of rooms includes a selection of Queen Single, Queen Double, King Single and King Deluxe. Additionally, King Single ADA and King Deluxe ADA (Mobility Accessible) rooms are available. Amenities include non-smoking rooms, free Wi-Fi, flat-screen TV with premium movie channels, desk, coffee maker, hair dryer, iron and ironing board.
Great Falls Montana is located on the Missouri River in the heart of Montana. The city offers a base camp for outdoor adventures, arts, culture, shopping and more.
Michelle Kennedy, Principal/Designate Broker, said, “The Great Falls, MT hotel market has presented an opportunity for buyers looking to step into a recently updated turnkey property with excellent brand recognition. With multiple offers generated during CIP’s competitive process, we were able to maximize the value of the property. We look forward to the continued success of both buyer and seller of this property.
About Crystal Investment Property, LLC
Crystal Investment Property, a leading hotel investment advisory and brokerage firm located in the Pacific Northwest, maintains the most advanced technology, online and social media presence, as well as a full suite of marketing traditional and web-based reaching local, regional, national and international audiences. The company’s core hotel asset acquisition/disposal services 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 hotel property owners. Their experience spans all types of hotel assets, including full-service hotels, boutique hotels, select-service hotels, limited-service hotels, development projects and rental transactions. Visit Crystal Investment Property online at crystalip.com.
About Hotel Brokers International
Founded in 1959, members of Hotel Brokers International lead the hotel real estate sales industry. HBI’s hotel brokerage specialists have successfully brokered over 10,000 hotel real estate transactions and consistently account for the largest share of all economy hotel sales and select services in the United States. The organization’s database currently includes over 100 property listings and the HBI website attracts 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 hotel real estate advisory services, HBI offers affiliate membership to professionals in related fields, including franchising, lending, appraisal and investment services. For more information on HBI’s hotel listings or to become a broker or affiliate, visit hbihotels.com.
Teri G. Beck, Marketing Director
Crystal Investment Property, LLC
Glenda J. Webb, Executive Director
International hotel brokers
Kansas City, Missouri