The Silver Inn—a 30-room mountain hotel located in Silverthorne, Colo.—was sold in a deal facilitated by Prime Investment Properties.
The transaction marks the sale of the property from the Kipta family to the Town of Silverthorne. The deal represents the second hotel closing in as many weeks for the Steamboat Springs, Colo.-based firm, which is a member of Hotel Brokers International.
“This closing reflects both the strength of the Colorado mountain hospitality market and the continued demand for well-located leisure assets,” Dan Emert, principal of Prime Investment Properties, said in a statement. “We are honored to have assisted the Kipta family and to have facilitated a transaction that supports the Town of Silverthorne’s long-term vision.”
Prime Investment Properties recognized Anthony Falor and his team at Crexi, who also worked on the transaction.
“The Crexi auction team was proud to have been selected by the broker and seller to assist with the marketing of this asset,” said Anthony Falor, senior managing director of hospitality at Crexi. “The broker was incredibly knowledgeable not only about the market, but also about the auction process, and through our joint marketing efforts we were able to generate tremendous interest in the property.”