April 20, 2021 – Salt Lake City, UT. Mountain West Commercial Real Estate, a full-service commercial real estate firm, announces the sale of the Red Roof Inn, an 87-room hospitality property located in Yakima, WA, located among the infamous Yakima Valley wineries. The asset sold for an undisclosed price.
Wesley Christensen and R. Michael Francis, investment specialists in Mountain West Commercial’s Salt Lake City office, had the exclusive listing to market the property on behalf of the seller, Palm Springs Properties, a limited liability company. The buyer, Cedars Inn, Yakima, Incorporated, was also secured by the listing agents.
The Red Roof Inn is located at 1001 Staff SGT Pendleton Way in Yakima. Yakima is home to over 120 wineries and five American viticulture areas within 70 miles and contains more than 17,000 acres of producing vineyards, where over half of Washington states wine grapes are produced.
Contact: Kendra Van Horssen