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Ponderosa Motel in Goldendale, Washington – Image Credit Crystal Investment Property
Representing the Seller of This Columbia River Gorge Gateway Hotel
Crystal Investment Property, LLC, a national hospitality brokerage and advisory firm based in the Pacific Northwest, announces the successful sale of the Ponderosa Motel in Goldendale, Washington.
A private investor acquired this confidential 45-key select-service motel. Crystal Investment Property exclusively represented the Seller and coordinated all aspects of the transaction, including pricing strategy, buyer qualification, due diligence, and closing.
Independent Motel in Prime Columbia Gorge Corridor
The Ponderosa Motel offers a diverse room mix, including standard units, kitchenette suites, and ADA-accessible accommodations. The property sits on 1.36 acres of fee simple land and includes three buildings totaling approximately 13,500 square feet. Site features include ample free parking, including pull-through spaces for buses and RVs, serving highway and leisure travelers.
Positioned along Highway 97 in central Goldendale, the motel benefits from strong visibility and ease of access, drawing drive-market guests exploring the Columbia River Gorge National Scenic Area, Maryhill Museum, Goldendale Observatory, and regional wineries.
Hotel Sale Reflects Continued Investor Demand
“This strictly confidential offering required careful navigation, not only in identifying the right buyer but also in managing the challenges of today’s lending environment,” said Joseph P. Kennedy, President of Crystal Investment Property.
“CIP stayed closely engaged throughout the financing and due diligence process, helping to anticipate challenges and maintain transaction momentum. Despite the economic headwinds, we successfully delivered a seamless closing, allowing the Sellers to transition confidently while setting the Buyer up for long-term success.”
The motel was marketed discreetly and did not appear in public listing channels, making this the first public announcement of the completed sale.
Hospitality Buyers Target Independent Hotels in Drive-To Markets
This sale demonstrates growing investor interest in unbranded, cash-flowing hotels in rural gateway and highway-oriented markets. Independent motels with stable performance, owner-operator appeal, and flexible repositioning potential continue to attract buyers seeking value, simplicity, and reliable traveler demand.
While final sale terms remain confidential, the transaction reinforces the importance of experienced hotel brokerage in today’s deal environment. Terms of the sale are confidential and will not be disclosed.
About CIP
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 its 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.
Media Contact:
Teri G. Beck, Marketing Director
Crystal Investment Property
503.530.1316
press@crystalip.com
