Hotel & Motel Management - February 18, 2008 - (Page 52)

52 Real Estate H&MM February 18, 2008 | HotelMotel.com www.HotelMotel.com/digital_edition HN Huff, Niehaus & ASSOCIATES INC. NEW LISTINGS HBI Regional Broker 2006, 2005, 2004, 2001 & 1998 • IN – 140+ Rm FS Nat’l Franchise w/leased restaurant. Interstate. Only FS but operated as Ltd Svc. Ask us! Price is <$34K/room. • KY – 140 Rm – FS, Nat’l Franchise, Airport & Interstate location. Rm Rev. $1.3M. Price $28K/room. • IN – Quality Inn. Ltd. Svc. Renovated for automatic transfer with new bedding package and new equipment in 2007. Price reduced $21K/key. • OH – 100 Rm – FS Nat’l Franchise. Interior Corridor. Rm Rev $2.15M. NOI $830K+. Price $5.9M. • IN – 100+ Rm. FS. Indoor pool. Growing Room Revenue $935K. New parts plant w/300+ workers coming. Great upside. Price $2.4MM. • IN – 60+ Rms Nat’l Franchise, Mid market inn w/25+ suites. Less than 7 years new. New soft goods throughout. 10% Cap. Offering price $5.25MM. • IN – 65+ Rms Holiday Inn Express. Open Fall 2006. Beautiful and excellently built. REVPAR $34.56 expected to exceed $50+ with new corporate business. • IN – <70 Rms. Limited Service. Interior Corridor. Nat’l Franchise. Metro Interstate. 8 years new. Offering only $1.95MM. • OH & IN – 199 Rms. Two franchised hotels. One Full Svs, one Ltd Svs. Total Room Revenue $3.0MM. Total Revenue $3.6MM. NOI $875K. Offering $8.0MM. Huff, Niehaus & Associates Inc. 2 Hotels in Metro Baltimore Area 404-355-0880 ATLANTA www.HunterHotels.net WASHINGTON, D.C. 703-425-1513 Bob Hunter • Teague Hunter • Lee Hunter • Kyle Stevenson • Warner Smith Put our 110% effort to work for your successful sale! Serving Lenders and Hospitality Industry for 32 years. www.huffniehaus.com 502-254-7787 Individual Member Full Service Real Estate Company Since 1884 Hotel Advisory Group • Exclusive Seller/Buyer Brokers Donohoe/Corfac International FEATURED LISTINGS New Mexico - Austin - Dallas 575-523-7421 FAX: 575-524-3699 www.scogginblue.com Scoggin Blue LLC Hampton Inn & Suites SOUTH CAROLINA Boutique Hotel WASHINGTON, DC 100 Units, Branded Airport Hotel in major metro NM market-leased restaurant and land priced at $6,750,000. 100+ Units, San Antonio, TX, Ltd. Service, branded, renovated, $6,750,000. 75 Room Rodeway Inn, Kingsville, TX, won Choice “Inn of the Year 2006,” multiple income streams, $3,450,000. 63 Unit Best Western, W. TX 10 yrs. old, 11% cap., $3,600,000. 57 Unit Branded motel, TX border, 15%+ cap., $3,450,000. 54 Units 10 yr. old Exterior Corridor, Oversized living quarters, rm. rev. over 1 mil. $3,500,000. 45 Units, N. TX, Independent, 2.75 Rm. Gross, $1,850,000. Limited Service RECENTLY SOLD Boutique Full Service Minneapolis, Minnesota 952-835-9575 Jeff Westgor or Chad Cooper 83 ROOMS Corporate suburban market, 8 years old and excellent condition. Designed for the corporate traveler, potential upside in re-branding. Strong trend in Occupancy and ADR in 2007. Located in a 3 million msa, convenient to multiple demand generators. 79 ROOMS Two Interstate properties located in the same community. Revenues of $1 million combined. Opportunity for Owner who can benefit from the economies of scale and dual branding. Consistent performance last few years, financing available with regional lender. 60 ROOMS franchised limited service. Absentee Ownership, perfect opportunity for an experienced onsite owner. Only 90 miles from Minneapolis/St Paul. Recent renovations will benefit a new Owner. 41 ROOMS franchised tourist destination location, near popular state park with over 500,000 visitors annually. The property has been a consistent performer and is in very good condition. Absentee Owner is looking to re-invest closer to home. Revenues exceed $600K. Holiday Inn Express Springfield, Virginia Morrison House Old Town Alexandria, VA Doubletree Charlottesville, VA Bill Moyer, Director billm@donohoe.com (202) 625-4153 Donohoe/Corfac International Hotel Advisory Group Washington, DC 20007 (202) 333-0880 www.Donohoe.com Charlotte Seale, Associate charlottes@donohoe.com (202) 625-4156 http://HotelMotel.com http://www.HotelMotel.com/digital_edition http://www.huffniehaus.com http://www.HunterHotels.net http://www.HunterHotels.net http://www.huffniehaus.com http://www.Donohoe.com http://www.scogginblue.com http://www.scogginblue.com http://www.Donohoe.com

Table of Contents Feed for the Digital Edition of Hotel & Motel Management - February 18, 2008

Hotel & Motel Management - February 18, 2008 Contents ALIS Attendees: Bumpy Road Ahead Denihan Expands with James Hotel Purchase AAA Updates its Diamond Rating Guidelines Perspective Letters to the Editor Legal FAQ Satisfaction Trends Sales Clinic HotelWorld Update Trends & Stats Locally Grown Food Gains Popularity Companies Cultivate International Ties Wireless Internet Access Opens Up Possibilities Ice Machine Care Improves Efficiency, Performance The Importance of F&B to Leisure Travelers Lamps/Lighting Transactions Events Ad/Editorial Index Marketplace Classifieds Checking Out

Hotel & Motel Management - February 18, 2008

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