Hotel & Motel Management - April 21, 2008 - (Page 40)

40 Real Estate H&MM April 21, 2008 | HotelMotel.com www.HotelMotel.com/digital_edition Corporate Ofﬁce 410-489-5900 Midwest Ofﬁce 641-472-7475 ARE YOU PREPARED FOR THE CAPITAL GAINS CHANGE? www.MBAHotels.com CONFIDENTIAL LISTING: 160 + Rooms, VA Interior corridor, recently renovated. Resort market, full service, repositioning opportunity. $8,465,000 160 Rooms, Franchise, AL Interior corridor, major Alabama market. NOI close to $600K. Asking $4,450,000 91 Rooms, Franchise - TN Excellent location, Memphis Metro, Revenues trending up over 1.14mil. Cap Rate 11.5%. $4,290,000 PRICE REDUCED! 90 Rooms, Franchise, KS Two-story, interior corridor, downtown location. Revenues trending up. Now offered at $1,950,000 NEW LISTING! 51 Rooms, Franchise, IA Major Market, busy trafﬁc area. Built 1994. Recent upgrades. Re-branding opportunity. $1,395,000. 51 Rooms, Franchise, KY Near military base, Louisville, KY. Built 2000. Over 14 % ROI. Ideal for owner operator. $1,695,000 47 Rooms Franchise, MO Newly ﬂagged Comfort Inn near Memphis. No pip, highway location, Cap rate 11.48%$2,350,000 46 Rooms, Franchise, AL New build Comfort Inn opening 1st Q 2008. Interstate exit near casino. No transfer fee. $3,290,000 NEW LISTING! 46 Rooms, Independent, IL Exterior corridor motel and 8 unit apartment bldg. Near interstate, casinos. Revenues $320k. $995,000 44 Rooms, Independent, TN Metro Memphis, no direct competition in 3.5 mile radius. Pitched metal roof. Offered at $1,071,000 FEATURED PROPERTY NEW LISTING! 58 Rooms, Super 8, PA Interior corridor with elevator and pool. Built to exceed Super 8 standards. Under 10 years old. Offered at $3,600,000. MOTIVATED SELLER! 40 rooms, Branded, IA Spacious owners apartment, great for family. Near Casino, college. Interior and exterior corridor. Outdoor Pool. Asking $859,000. NEW LISTING! 41 Rooms, Independent, NY Attractive independent in upstate New York. Steady repeat business. Offered at $875,000. NEW LISTING! 25 Rooms, Independent, MS Opportunity to turn monthly rental motel into a daily all suite property. Current seller willing to lease the restaurant long term. Asking $1.9M INTERNATIONAL LISTINGS! Austria: 26 Rooms, upscale boutique hotel and spa. 2008 Projected revenue 796,535. 2,275,000 Euros. Turkey: 12 Suite boutique hotel. Built 2005. Beachfront on Mediterranean Sea. 2,700,000 Euros. Licensed Real Estate Brokers FLORIDA (727) 447-8383 FAX: (727) 447-6533 Visit us on the web at:“www.gcdhotels.com” Just listed 132 units, newly ﬂagged, highway location, limited service, central Florida location, many new improvements. 263 units, major franchise, full service with meeting rooms, interstate location, asking $6,950,000. 124 units in Central FL, franchise, interstate location, full service, 11.7% cap, asking $6,700,000. 100 units, Tampa, interstate, Interior corridor, needs renovation, Asking $27,000 per unit MBA Capital Funding - 410-489-7500 *Offering Hotel Financing and Capital Investment Advisory Services* Brash Realty Co., Inc. 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. 847-205-5600 www.brashrealty.com 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 – 78 units – WI. Cost per unit $44,872 and 11.07% Cap Rate. Asking: $3,500,000 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: $3,500,000 Franchised Hotel – 98 units – So. Dakota. Cost per un it $32,653, Cap Rate 13.51% Asking: $3,200,000 Franchised Hotel – 100 units – Wisconsin. Located in one of the most popular family and tourist destinations in the Midwest Asking: $2,900,000 Independent Hotel – 138 units – Nebraska. Cost Per Unit $11,957. Rm rev x2.8. Asking: $1,650,000 Franchised Hotel – 141 units – Illinois. Cost per unit $29,787 Asking: $4,200,000 Franchised Hotel – 201 units full service hotel – Illinois. Asking: $14,250,000 Minneapolis, Minnesota 952-835-9575 Jeff Westgor or Chad Cooper 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. 60 ROOMS independent with potential to natl. franchise. Located in beautiful college town with an excellent quality of life. Hotel is in very good condition with no deferred maint. 46 ROOMS in resort setting, includes Indoor Pool, Meeting Room and Breakfast Room. Large spacious rooms and amenities help capture a strong rate. Current franchise provides less than 20% contribution so there is an opportunity to re-brand or operate as independent. 41 ROOMS franchised tourist destination location, near popular state park with over 500,000 visitors annually. Hotel has been a consistent performer and is in very good condition. 800.821.5191 http://HotelMotel.com http://www.HotelMotel.com/digital_edition http://www.hbihotels.com http://www.gcdhotels.com http://www.MBAHotels.com http://www.hbihotels.com http://www.brashrealty.com

Table of Contents Feed for the Digital Edition of Hotel & Motel Management - April 21, 2008

Hotel & Motel Management - April 21, 2008 Contents Vista Affirms Fair Franchising Doctrine HOTEC Panel Explores Green Procurement Spa Revenue Drives Overall Profitability Perspective Legal FAQ Sales Clinic Travel Trends Guest Column Trends & Stats Owners and Operators Feel Pressure to Switch to HD Protect and Clean Stone Floors Coffee On Demand Fitness Equipment Experts Weigh New Builds Vs. Conversions Transactions Ad/Edit Index Marketplace Classifieds Checking Out

Hotel & Motel Management - April 21, 2008

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