Hotel & Motel Management - July 21, 2008 - (Page 47)

www.HotelMotel.com/digital_edition H&MM July 21, 2008 | HotelMotel.com Real Estate AUCTIONS 47 Real Estate REAL ESTATE AUCTION/JULY 31 FOX VALLEY INN HOTEL Aurora (Suburban Chicago), Illinois + - 114-room Hotel. Ideal for re-flagging Just off I-88 at Farnsworth, 35 miles west of Downtown Chicago BID CONSIDERATION TO BEGIN AT $1,335,000 FOX VALLEY INN HOTEL: A 2-story 64,000 sq. ft. hotel on 4.17 acres at 2450 N. Farnsworth, Aurora, IL. Capital Improvements include: new air conditioners, carpet and window treatments. Minutes from Aurora’s Hollywood Casino and entertainment center. Surrounded by shopping centers including the “Premium Outlet Mall” with Sony, Nike, Banana Republic and more. Aurora is home to many major businesses including Caterpillar, Inc., Farmer’s Insurance & MetLife Insurance. banquet room (Divisible to 4 smaller meeting rooms). Fullservice restaurant (available for lease), Bar-lounge (operated by owner). Outdoor olympicsize swimming pool. ORLANDO - DISNEY WORLD 10% Cap - Seller Financing Available Both properties are next to each other on 17 acres, across the street from Disney’s Celebration and two miles from Disney World. Howard Johnson - 367 rooms - $16.5M Rodeway Inn - 200 rooms - $9.9M MUST SELL - MAKE OFFER BUSINESS OPPORTUNITY: Operated as a private brand hotel. Total Revenue 2006: $836,000, 2007: $920,000. 2007 occupancy at 45.67% with ADR of $43.59. Opportunity to affiliate with National Hotel Chain. LaSalle Title Co. Title Services. Please Email: harveyLV@aol.com, 813-376-4075 Harvey Estes, Exec Realty, LLC SACRAMENTO CALIFORNIA- Premium 5 Acres @ Hwy.99 & 47th Ave. 215,000 Autos Per Day. Zoned GC—Ideal Hotel Site! Freeway Visible. Located at Hwy. Off-Ramp. Only 7- Minutes From Downtown, Convention Center, State Capitol, Government Ofﬁces & Tourist Attractions. 2-Parcels. $4,850,000 (858)-677-5386 7/21 65 UNIT COUNTRY HEARTH INN, 1-24, Kimball, TN. 2 story, exterior corridor, multiple living quarters, 40per full service breakfast room. $2,100,000 including add’l lot. 423-504-5621. 7/21 RENTALO.COM - The travel lodging directory where leisure and business travelers ﬁnd the most comprehensive inventory of accommodations worldwide. List your Hotel/Motel for just $189/yr and receive: • Unlimited leads • Unlimited hits to your hotel website • A listing with unlimited pictures & video link • Increased bookings with no commissions Use Promo Code HOTELM to get 3 months free. 7/21 BRANSON ROYAL HOTEL - 92 Room Indoor Hotel ﬁrst hotel on famous 76 Hwy entertainment strip. Indoor Pool and Hot tub. Jacuzzi Rooms, Breakfast Room, and General Managers Suite Please contact Ben Bahmani @ (816) 665-7763 (cell) or (816) 221-0222 (ofﬁce) 7/21 • 140+ Unit Hotel near Orlando completely renovated! Asking $6.8M FLORIDA MOTELS PROPERTY DESCRIPTION: ON-SITE INSPECTIONS: Wed., 114 rooms with 82 Doubles, July 9th, Thurs., July 17th & 24th, 30 Singles, and 2 Suites. Large Wed., July 30th. 1:00 to 3:00 p.m. AUCTION: 1:00 P.M., Thursday July 31, Sheraton Gateway Suites, Rosemont, Illinois For Brochure, Terms of Sale & Bid Packet, Call: 877-430-9558 CHARTWELL GROUP, LLC / Michael Berland, Illinois Broker & Auctioneer • 80 Unit Franchise on West Coast - grossing $2M+. Asking $9.2M EDWARDS REALTY & INVESTMENTS, INC. 386-672-7773 www.edwardsrealty-motels.com Lucrative Lodging Business, Vermont High ADR and Occupancy Rate, 36 individually decorated guest rooms and suites located in 6 buildings spread over 9.26 acres of sprawling lawns, gardens, swimming pool and stunning views. Many rooms have ﬁreplaces, soaking tubs and all have patios or balconies. Room for expansion. 10% CAP rate based on listed price of $4,450,000. 20% down yields up to a 9% return on investment. Full color brochure available to qualiﬁed buyers. Qualiﬁcation package and Conﬁdentiality Agreement available upon request. Toll Free: 888-362-5007 • Email: hc@vtweb.com www.hospitalityconsultants.com Get on the ball! AUCTION 250-ROOM HOTEL Court Ordered Sale! Real Estate www.hotelmotel.com Place your ad in Hotel & Motel Management today! Call Doug Kereszturi at: 800-669-1668 ext. 3794 dkereszturi@questex.com Operated Until April of This Year - Dayton, Ohio www.bambeck.com or Phone Dave Bambeck (330) 260-0192 Dover OH For Details Go To: Bambeck Auctioneers Inc. http://www.HotelMotel.com/digital_edition http://HotelMotel.com http://www.mumfordcompany.com http://www.edwardsrealty-motels.com http://www.bambeck.com http://RENTALO.COM http://www.hospitalityconsultants.com http://www.hotelmotel.com http://www.hotelmotel.com

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

Contents Larkspur Hotels Branch Out with New Brand Starwood’s C.E.O. Maps Out Journey New Brand Leaders Share Hits, Misses Perspective Letters to the Editor Legal FAQ Training Trends Sales Clinic HotelWorld Update Trends & Stats Special Report: 2008 Construction Companies Survey Guest Column Events Technology: Telephones Hotel Operations: Building Exterior Design: Televisions Transactions Awards Hot Products: Mattresses Supplier News Ad/Edit Index Marketplace Classifieds Checking Out Hotel & Motel Management - July 21, 2008

Hotel & Motel Management - July 21, 2008

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