Hotel & Motel Management - January 19, 2009 - (Page 56)

H&MM January 19, 2009 | HotelMotel.com 56 Corporate Ofﬁce 410-489-5900 Midwest Ofﬁce 641-472-7475 www.MBAHotels.com 140 Rms, Clarion Hotel, MD Interior Corridor. Conference Center. Completely refurbished 2008 -over $3 million in renovations. Offered at $8,600,000 Hilton Product Hotel Site, VA 8+/-acres well situated off I-66 in northern Virginia, this 300+room Hilton brand project will be fully entitled in 2009. Open in time for the next expansion market. Offered at $8,000,000. TWO HOTEL PACKAGE! 120 Rooms, IA Mid market, interior hotels at same exit. Both under 15 yrs old. Includes 1 acre commercial land. Total Room Revenue 1.6 M. Offered at $5,600,000 97 Rms, Comfort Inn, MS Well positioned strong performer. $1.15 M revenue, 11% CAP rate. Demand generators nearby include regional health center and ofﬁce park. $3,995,000 REDUCED! 91 Rms, Days Inn & Suites, TN Suburban Memphis. 11.78% CAP, Over $1.1M revenue, easy access to Hwys around Memphis Metro. Now offered at $3,875,000. REDUCED! 59 Rooms, National Brand, Iowa Recently re-ﬂagged. Interstate exit, high-trafﬁc metro area. Earned over $300k in 2008, lots of upside. Now offered at $950,000. 54 Rooms, Independent in Iowa Earned over $526,000 revenue in 2008! Many capital improvements completed. Luxurious owners apartment. Asking $995,000. FEATURED PROPERTY SOLD! Comfort Inn & Suites, Birmingham, AL NEW LISTING! Best Western Hotel & Suites, KS Premiere location Kansas City area. 67 Rms. New Construction Opened Dec 2008. Projected Rev: $1.4M. $6,975,000 NEW LISTING! 42 Rm Days Inn, KS Recently Renovated. Climbing Revenue $396K. Interstate Location. Motivated Seller. Asking $1.195M NEW LISTING! 40 Rms Franchise, Iowa Interstate location. Includes 40 room hotel, mobile home park, cell phone tower. Grossed over $360k in 2008. Near tourist area, outlet mall, prosperous town. Asking $1,295,000. 35 Rooms, Independent, IA Modernized motel, family-sized apartment, next to part, steady $200k revenue. $625,000. MAKE AN OFFER! 20 Rms, Independent, VA New build All Suite hotel, Opened Sept. 2008. Beach resort area. $400k projected 2009 revenue. Offered at $1,690,000. Hunter is closing transactions! JUST JUST JUST JUST SOLD SOLD SOLD SOLD Courtyard by Marriott, Bristol, VA Holiday Inn, Baltimore, MD Best Western, Atlanta, GA USA Economy Lodge, Atlanta, GA Experience • Integrity • Results 770-916-0300 ATLANTA WASHINGTON, D.C. 301-215-7507 MBA Capital Funding - 410-489-7500 *Offering Hotel Financing and Capital Investment Advisory Services* Minneapolis, Minnesota 952-835-9575 Jeff Westgor or Chad Cooper The HBI Advantage Brokers specializing in the complexities of hotel real estate. Cooperative network sharing leads, making referrals and offering localized expertise. Experienced brokers who understand the industry, know the local market and can lead you safely through each transaction. Knowledgeable brokers committed to providing the highest level of professional service and guidance. Cutting edge real estate tools designed to take the hassle out of hotel real estate investment. Package of two hotels mid market Interstate location in Wisconsin include 150+ units, meeting/banquet facility, indoor pools. One hour from Minneapolis. • Franchised Mid Market interstate location in North Dakota. • Econolodge includes living quarters, very good condition and priced right. • Franchised Mid Market 30 units, completely updated, absentee Owner. • Independent interstate location 17 units perfect for an owner operator. New Mexico - Austin - Dallas 575-523-7421 FAX: 575-524-3699 www.scogginblue.com Scoggin Blue LLC 800.821.5191 200 Units, Major franchised hotel, I-25 & I-40 location, 4.8 acres, 3 x room rev., priced @land cost $5,250,000. 120+ Units, Albuquerque, I-40/US 66, priced approx. $20,000 per unit. 115 Units, Albuquerque, Ltd. Service, Franchised, 3 Bdrm LQ, $2,200,000. 114 Units, So. NM Full Service, branded, 2 major interstates, $5,985,000. 113 Units, Days Inn, San Angelo, TX. Excellent condition-4 Sunburst rating from Days Inn, increasing revenues. $4,850,000. 80 Units, So. NM Tourist Area, Ltd. Serv., Franchised, increasing rev., priced @ 3.5 x Rm. rev., $3,350,000 all cash. 76 Units, Branded, Santa Fe, plus 4 acres vacant land. 46 Units, Independent off I-40/Rt.66, $495,000 Cash. 33 Units, Knights Inn, West Texas location, Exterior corridor, off major interstate, $1,125,000. http://www.HotelMotel.com http://www.MBAHotels.com http://www.hbihotels.com http://www.scogginblue.com

Table of Contents Feed for the Digital Edition of Hotel & Motel Management - January 19, 2009

Hotel & Motel Management - January 19, 2009 Contents Select Inn First in Vista's Buying Plans Danzinger Chosen for Round 2 at Wyndham Perspective Energy Star Update Legally Speaking Consultant's Corner Sales Clinic Travel Trends Franchise Law Family Business Cornell Insights HotelWorld Update Transactions Careful Marketing is Key for Timeshare Debt Market Slow for Most Transactions Trends & Stats Proper Mix of Uses Leads to Profitable Partnerships Card Check, Employee Retention Big Issues for CEOs Locking Systems Televisions Fitness Centers/Spas Mattresses Ad/Editorial Index Marketplace Checking Out

Hotel & Motel Management - January 19, 2009

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