January 13, 2023
Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, has announced the highly-anticipated sale of the Eagle’s View Inn & Suites in Enterprise, Oregon. As a licensed Oregon brokerage, CIP represented the seller in the transaction, working closely with the buyer and other professionals to successfully negotiate and close the deal. The final sale price, which remains confidential, reflects the strong demand for high-quality hotel properties in the region. CIP President Joseph P. Kennedy and the CIP team are thrilled to have played a key role in this important transaction.
The Eagle’s View Inn & Suites is a 53-key, midscale, select-service, independent hotel. Eagle’s View is situated on a hilltop overlooking the Wallowa Valley and Eagle Cap Mountains. Year-round demand drivers include hiking, fishing, horseback riding, golfing, boating, river rafting, and swimming in Summer. Winter activities include skiing, snowshoeing, snowmobiling, and watching the annual sled dog races.
The hotel features a spacious lobby with a stone fireplace, breakfast area, exercise room, indoor pool, spa, sauna, and guest laundry. In addition, the property includes a flexible ~930 sq. ft. meeting room/event space that accommodates up to 58 guests. Guest room mix includes a selection of Queen and King rooms, kitchenette suites, jetted tub suites, and ADA Accessible rooms. Room amenities include a mini-fridge, microwave, coffee maker, flat-screen HDTV, and wireless internet.
Joseph P. Kennedy, President of CIP, said, “The sale of Eagle’s View Inn & Suites marks another win for our clients. Our team was able to secure a full-price offer, reflecting the strength of the market as well as our value assessment. We were happy to facilitate a smooth transaction with the help of the Buyer’s Broker. We know the Seller will enjoy focusing on their other projects and the Buyer looks forward to a successful branding of 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 hospitality asset acquisition/disposition services are supported by innovative and creative solutions to maintain its position as the region’s most active and successful hotel broker. Crystal Investment Property represents the full spectrum of hospitality real estate owners. Their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, limited-service hotels, development projects, and leasehold transactions. Visit Crystal Investment Property online at crystalip.com.
About Hotel Brokers International
Founded in 1959, Hotel Brokers International is the industry’s oldest network of hospitality broker professionals. HBI hotel brokerage specialists have successfully negotiated more than 11,000 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 website features a large inventory of hotel assets listed for sale and 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.