Hotel & Motel Management - February 18, 2008 - (Page 53)

www.HotelMotel.com/digital_edition H&MM February 18, 2008 | HotelMotel.com Real Estate Corporate Office 410-489-5900 Midwest Office 641-472-7475 53 FEATURED PROPERTIES: Reduced $3,000,000 186 Rm Portfolio Near Indiana University $10M Renovation NOW $22,000,000 www.MBAHotels.com NEW CONFIDENTIAL LISTING! 160 + Rooms, VA Mid rise interior corridor Repositioning opportunity. Busy market, full service, $8,465,000 NEW LISTING! 160 Rooms, Birmingham, AL Busy business district with museums, theaters, hall of fame, zoo, etc. NOI close to $600K. Asking $4,450,000 124 Rooms, Franchise, OH Great visibility from interstate, close to State university. Two story exterior corridor. New development at exit. Offered at $2,750,000 106 Rooms, Tupelo, MS FEATURED PROPERTY 120U Radisson 66U Comfort Inn G TIN LIS NEW NEW LISTING! 46 Rooms, Comfort Inn, AL 159U Best Western 3.75 x Rm. Rev. - Limited Service $13,750,000 166U - Best Western - 3.75 x Rm. Rev. 11 Cap - Freeway Location - $1.7M N.O.I. $15,550,000 Near Toyota Plant and other demand generators. Great opportunity for an experienced hotelier to realize upside potential. $2,800,000 91 Rooms, Franchise - TN Excellent location, well maintained, Memphis Metro, Revenues trending up over 1.14mil, NOI $493K, CAP Rate 11.5% Offered at $4,290,000 PRICE REDUCED! 90 Rooms, Franchise, KS Two-story, interior corridor downtown hotel . Newly renovated lounge and restaurant, Revenues up 30% since 2005. Now offered at $1,950,000 NEW LISTING! 51 Rooms, Franchise, KY Near military base in Louisville, KY. Built in 2000, Over 14 % ROI, Ideal for owner operator. Offered at $1,695,000 47 Rooms, Franchise, MO Comfort Inn near Memphis. Highway location, Cap rate 11.48% and up. Asking $2,350,000 New Construction! Opening 2008. Interstate exit near casino. Top class features. Offered at $3,290,000 NEW LISTING! 44 Rooms,-Independent, TN Metro Memphis, No direct competition in 3.5 mile radius. pitched metal roof. Only 3.82 times GRM at $1,071,000 PRICE REDUCED! 19 Room Lux. Boutique, IA Downtown location, river view, established restaurant, banquet hall. High ADR and upside potential. Now offered at $1,395,000 Comfort Suites Site, PA 1.9 acre hotel site. Next to Bucknell University in Lewisburg, PA. Approved for 60 unit Comfort Suites development. Ready to build! Offered at $ 945,000 CALIFORNIA HOTEL SITE 58U COMFORT INN - FREEWAY - PLANS - $875,000 TIME SHARE DEVELOPMENT Seller may joint venture. 96U approved plans Ready to Permit - Lakefront & Golf Course $4,250,000 SHS Lending Specializing in Hotel Financing F.F.E. Leasing 602-468-3548 AZ. MB. - 0908648 HIRING EXPERIENCED SALES PROFESSIONALS LICENSED AZ, CA, CO, HI, ID, MT, NM, NV, OR, TX, UT, WA, WY & MEXICO 602-HOTEL4U • 602-468-3548 www.shshotels.com MBA Capital Funding - 410-489-7500 *Offering Hotel Financing and Capital Investment Advisory Services* Brash Realty Co., Inc. 847-205-5600 www.brashrealty.com ARE YOU PREPARED FOR THE CAPITAL GAINS CHANGE? Franchised Hotel – 86 units – Indiana – NEW PRICE. Trailing 12 month rm rev thru 11/30/07: $1,343,166. Rm rev month-to-date 11/30/07 up $168,959 over same period 2006 Asking: $3,850,000 Franchised Hotel – 78 units – WI. Cost per unit $44,872 and 11.07% Cap Rate. Asking: $3,500,000 Franchised Motel – 40 units – Wisconsin. 10.55% Cap Rate. Year-end 2007 room rev $645,675 - up $23,902 over same period 2006 Asking: $2,350,000 Franchised Motel – 42 units – IL. Year-end 2007 Room Rev $572,676 Asking: $2,000,000 Franchised Hotel – 54 units – Wisconsin. Year-end 2007 Room Rev $1,041,367, up $109,173 over same period 2006 Asking: $3,750,000 Franchised Hotel – 100 units – Wisconsin. Located in one of the most popular family and tourist destinations in the Midwest Asking: $2,995,000 Independent Hotel – 138 units – Nebraska. Cost Per Unit $11,957. Rm rev x2.8. Asking: $1,650,000 Franchised Hotel – 98 units – So. Dakota. Cost per un it $32,653, Cap Rate 13.51% Asking: $3,200,000 Franchised Hotel – 61 units – Missouri. Cost per unit $30,738 Asking: $1,875,000 Licensed Real Estate Brokers EXCLUSIVE HOTEL/MOTEL REALTOR SINCE 1954 WISCONSIN Toll Free: 877-700-7950 www.milmark.com 192 UNITS: Independent property great Interstate location. 132 UNITS: Historic Landmark Full Service Hotel. 120 UNITS: Franchised property with leased restaurant. 82 UNITS: Franchised property with leased restaurant. 43 UNITS: Limited service franchised property. 32 UNITS: Limited service independent property. 21 UNITS: Independent limited service property. 17 UNITS: Historic Inn with Restaurant & Lounge. $7,000,000 $2,800,000 $3,300,000 $4,500,000 $1,450,000 $900,000 $260,000 $1,200,000 FLORIDA (727) 447-8383 FAX: (727) 447-6533 Visit us on the web at:“www.gcdhotels.com” Just listed 100 units Tampa, interstate, Interior corridor, needs renovation, Asking $27,000 per unit. Just Reduced 124 units in Central FL, franchise, interstate location, full service, 11.7% cap, asking $6,700,000. 80 units in North Florida, interstate location, limited service, $4,250,000. 80 units, interstate location, North Florida asking $4,495,000.00 115 units, located in Central Florida, now independent, ready to be franchised, $5,500,000.00. 118 units newly franchised in place with transfer agreement, priced to sell at $12,000,000. http://www.HotelMotel.com/digital_edition http://HotelMotel.com http://www.MBAHotels.com http://www.MBAHotels.com http://www.shshotels.com http://www.shshotels.com http://www.brashrealty.com http://www.brashrealty.com http://www.gcdhotels.com http://www.milmark.com http://www.milmark.com http://www.gcdhotels.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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