Hotel & Motel Management - June 16, 2008 - (Page 60) 60 Real Estate H&MM June 16, 2008 | HotelMotel.com www.HotelMotel.com/digital_edition HN Huff, Niehaus & ASSOCIATES INC. w HBI Regional Broker 2006, 2005, 2004, 2001 & 1998 Huff, Niehaus & Associates Inc. LaQuinta, North Orlando 404-355-0880 ATLANTA www.HunterHotels.net • KY – 140 Rm FS, Nat’l Franchise, Airport & Interstate location. Near 100+ acre Class “A” Office Development. Rm Rev. $1.17MM. Price $28K/room. • OH – 90+ Rm – Hilton Brand. Seven years new. Metro location with major corporate & leisure generators. 100,000+ cars on Interstate. Rm Rev $2.0MM. Offering price $7.9MM. • OH – 100+ Rm Franchise Airport, Interstate. 40+ restaurants, major retail. Franchise options. Room Revenue $790K. Offered <$26K/key. • IN – 100+ Rm Independent, franchisable. Indoor pool. TTM Room Revenue $883K. New parts plant w/300+ workers coming 2008. Great upside. Price $2.4MM. • IN – <70 Rms Limited Service. Interior Corridor. Nat’l Franchise. Metro Interstate. 8 years new. Offering only $2.1MM. • OH – 100 Rm FS Nat’l Franchise. Interior Corridor. Rm Rev $1.9MM. Offer $59K per room. • 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 – Quality Inn Ltd. Svc. Renovated for automatic transfer with new bedding package and new equipment in 2007. Make an offer. • OH & MI – 105+ Rms National franchise. Interstate, metro, corporate locations. Good Rm Rev. Corporate owner. Renovations mean increase REVPAR. Prices $2.8MM to $3.35MM. WASHINGTON, D.C. 703-246-0035 Put our 110% effort to work for your successful sale! Serving Lenders and Hospitality Industry for 33 years. Bob Hunter • Teague Hunter • Lee Hunter • Kyle Stevenson www.huffniehaus.com 502-254-7787 Individual Member HBI Brokers Obtain Results HBI Brokers post significant increase in year to date sales over 2007 Total dollar volume is up 44% Average price per sale is up 63.2% Average price per room is up 66.4% WISCONSIN EXCLUSIVE HOTEL/MOTEL REALTOR SINCE 1954 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 $1,240,000 CALIFORNIA COAST RESORT DEVELOPMENT & OPERATING HOTELS PORTFOLIO Highly-desirable California “Central Coast” Portfolio consisting of 11 properties. Very well-known boutique “Spa” hotels, several entitled four-star resort developments, commercial and upscale residential projects in various stages of entitlement, and a high-end wellness center resort with golf course, convention facilities and winery project in the entitlement project. Please call for more information. ProCom Lodging Brokers, Inc. Fred F. Ferrarini, CHB • Steven R. Ferrarini, CHB 3520 Creston Road, PO Box 218, Paso Robles, CA 93447-0218 Phone 805-238-7990 • Fax 805-239-3359 www.procomlodging.com • info@procomlodging.com A joint listing with PKF Capital New Mexico - Austin - Dallas 575-523-7421 FAX: 575-524-3699 www.scogginblue.com Scoggin Blue LLC 104 Units, Quality Inn & Suites Albuquerque Hotel Circle $4,500,000. 100 Units, Branded Airport Hotel in major metro NM market-leased restaurant and land PRICE REDUCED to $6,450,000. 100+ Units, San Antonio, TX, Ltd. Service, branded, renovated, $6,750,000. 97 Unit Econolodge adjacent to I-40 in Albuquerque REDUCED to $2,695,000. 57 Units Independent motel located off I-40 in eastern NM $499,000. 57 Units Branded motel, TX border, 15%+ cap., $3,450,000. 45 Units, N. TX, Independent, 2.75 Rm. Gross, $1,850,000. http://HotelMotel.com http://www.HotelMotel.com/digital_edition http://www.hbihotels.com http://www.HunterHotels.net http://www.huffniehaus.com http://www.hbihotels.com http://www.milmark.com http://www.procomlodging.com http://www.scogginblue.com
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