Hotel & Motel Management - May 19, 2008 - (Page 57)

www.HotelMotel.com/digital_edition H&MM May 19, 2008 | HotelMotel.com Real Estate 57 Corporate Ofﬁce 410-489-5900 Midwest Ofﬁce 641-472-7475 www.MBAHotels.com PRICE REDUCED! 160 Rooms, Franchise, AL Interior corridor, major Alabama market. NOI close to $600K. Asking $3,995,000 PRICE REDUCED! 91 Rooms, Franchise, TN Excellent location, Memphis Metro, Revenues trending up over 1.14mil. Cap Rate 11.5%. $3,950,000 90 Rooms, Franchise, KS Two-story, interior corridor, downtown location. Revenues trending up. Now offered at $1,950,000 NEW LISTING! 56 Rooms, Franchise, IA Buy one or both! Same exit as 65 IA featured at right. Built in 1994; Interior Corridor, Beautiful Lobby and Pool Area, special handicapped rooms. Revenue $740,000+. Asking $2,385,000. 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. 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 PRICE REDUCED! 47 Rooms Franchise, MO Newly ﬂagged Comfort Inn near Memphis. No pip, highway location, Cap rate 11.48%. $2,175,000 PRICE REDUCED! 46 Rooms, Independent, IL Exterior corridor motel and 8 unit apartment bldg. Near interstate, casinos. Revenues $320k. $929,000 HN Huff, Niehaus & ASSOCIATES INC. FEATURED PROPERTY HBI Regional Broker 2006, 2005, 2004, 2001 & 1998 • IN – 140+ Rm FS, Nat’l Franchise, Airport & Interstate location. Near 100+ acre Class “A” Ofﬁce Development. Rm Rev. $1.17MM. Price $28K/room. • OH – NEW LISTING! 90+ Rm – Hilton Garden Inn. Seven years new. Metro location with major league ball teams. 100,000+ cars pass daily on Interstate. Rm Rev $2.0+MM. Offering price $7.9MM. • OH – 100+ Rm Airport, Interstate. Many restaurants plus retail. Franchise options. Rm Rev $790K. Offered <$26K/key. • OH – 100 Rm – FS Nat’l Franchise. Interior Corridor. Rm Rev $2.15M. NOI $700K. Price $5.9M • IN – 100+ Rm FS. Independent, franchisable. Indoor pool. 2007 Room Revenue $955K. New parts plant w/300+ workers coming 2009. Great upside. Price $2.4MM. • IN – 140+ Rm FS Nat’l Franchise w/leased restaurant. Interstate. Only FS in market but operated as Ltd Svc. Ask us! Rm Rev. $1.9MM. Offered only 2.6x Rm gross. • IN – <70 Rms Limited Service. Interior Corridor. Nat’l Franchise. Metro Interstate. 8 years new. Offering only $2.1MM. • IN – Quality Inn Ltd. Svc. Renovated for automatic transfer with new bedding package and new equipment in 2007. Offering $2.1MM. • OH & MI – 105+ Rms National franchise. Interstate, metro, corporate locations. Good Rm Rev. Corporate owner. Prices $2.8MM to $3.35MM. Huff, Niehaus & Associates Inc. NEW LISTING! 65 rooms, Franchise, IA Built in 1996, Interior Corridor, Pool, Major Renovations in last two years, Interstate Exit. Rev $800,000+. Asking $2,850,000 41 Rooms, Independent, NY Well maintained. Upstate New York. Steady repeat business. Offered at $875,000. PRICE REDUCED! 40 rooms, Branded, IA Spacious owners apartment. Near casino, college. Outdoor Pool. Asking $750,000 25 Rooms, Independent, MS All suite rental property conversion to motel. $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. Belize: 16 Rooms, Oceanfront hotel rebuilt in 2004. 78% occupancy. 12.96% Cap Rate. $2,500,000. Put our 110% effort to work for your successful sale! Serving Lenders and Hospitality Industry for 32 years. MBA Capital Funding - 410-489-7500 *Offering Hotel Financing and Capital Investment Advisory Services* www.huffniehaus.com 502-254-7787 Individual Member New Mexico - Austin - Dallas 575-523-7421 FAX: 575-524-3699 www.scogginblue.com Scoggin Blue LLC Brash Realty Co., Inc. 847-205-5600 www.brashrealty.com 199 Units, Ltd. service franchise, 2 Major interstates, priced at only $5,500,000 Cash. 100+ Units, San Antonio, TX, Ltd. service, branded, renovated $6,750,000. 100 Units, Branded Airport Hotel in major metro NM marketleased restaurant and land priced at $6,750,000. 60 Unit TX independent, near university w/9 acres land. 57 Unit branded motel, TX border 15% + cap, $3,450,000. 57 Units Independent motel located off I-40 in eastern NM $499,000. 45 Units, North TX, Independent, 2.75 Rm. Gross, $1,850,000. 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 – 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 EXCLUSIVE HOTEL/MOTEL REALTOR SINCE 1954 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. WISCONSIN Toll Free: 877-700-7950 www.milmark.com 132 UNITS: Historic Landmark Full Service Hotel. 82 UNITS: Franchised property with leased restaurant. 60 UNITS: Franchised property with added land. 36 UNITS: Limited service franchised property. 35 UNITS: Resort property on water. 21 UNITS: Independent limited service property. 17 UNITS: Historic Inn with Restaurant & Lounge. 13 UNITS: Motel and established café business in resort area. $2,800,000 $4,500,000 $3,880,000 $1,399,000 $2,400,000 $260,000 $1,200,000 $1,500,000 http://www.HotelMotel.com/digital_edition http://HotelMotel.com http://www.huffniehaus.com http://www.MBAHotels.com http://www.MBAHotels.com http://www.huffniehaus.com http://www.scogginblue.com http://www.brashrealty.com http://www.brashrealty.com http://www.scogginblue.com http://www.milmark.com http://www.milmark.com

Table of Contents Feed for the Digital Edition of Hotel & Motel Management - May 19, 2008

Hotel & Motel Management - May 12, 2008 Contents Hotelier of the Year Leads Team to Victory Sheraton Builds on International Success Slower, Smaller Transactions in First Quarter Perspective Legal FAQ What Women Want Sales Clinic AAHOA Update Franchise Law Family Business Travel Trends Guest Column HotelWorld Update Trends & Stats Cleaning and Maintenance H&MM's 2008 Franchising Fees Guide FACs Evolve to Meet Brand, Owner Needs The Importance of Branding When Buying Ad/Editorial Index Marketplace Classifieds Checking Out

Hotel & Motel Management - May 19, 2008

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