Hotel & Motel Management - July 21, 2008 - (Page 49)

www.HotelMotel.com/digital_edition H&MM July 21, 2008 | HotelMotel.com Real Estate 49 ARE YOU PREPARED FOR THE CAPITAL GAINS CHANGE? Experience Integrity Results Just listed Two franchised hotels, 80 units each, buy ONE or BOTH, located in the same town, $49,875 per unit. Licensed Real Estate Brokers Atlanta Florida Atlanta FLORIDA (727) 447-8383 FAX: (727) 447-6533 Visit us on the web at:“www.gcdhotels.com” 132 units newly ﬂagged, highway location, limited service, central Florida location, many new improvements. 263 units, major franchise, full service with meeting rooms, restaurant, interstate location. 124 units, in Central FL, franchise, interstate location, full service, 11.7% cap. 100 units, Tampa, interstate, Interior corridor, needs renovation, Asking $27,000 per unit. Hampton, Arkansas Courtyard, Virginia Hampton, Florida South Carolina Hampton, Louisiana Atlanta 404-355-0880 ATLANTA www.HunterHotels.net WASHINGTON, D.C. 703-246-0035 Bob Hunter • Teague Hunter • Lee Hunter • Kyle Stevenson 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% New Mexico - Austin - Dallas 575-523-7421 FAX: 575-524-3699 www.scogginblue.com Scoggin Blue LLC 199 Units, Ltd. service franchise, 2 Major interstates, priced at only $5,500,000 Cash. 115 Units, Albuquerque, Ltd. Service, Franchised, 3 Bdrm LQ, $2,500,000. 100+ Units, San Antonio, TX, Ltd. service, branded, renovated $6,750,000. 100 Units Branded Airport Hotel in major metro NM market-leased restaurant and land PRICE REDUCED to $6,450,000. 57 Units Independent motel located off I-40 in eastern NM $499,000. EXCLUSIVE HOTEL/MOTEL REALTOR SINCE 1954 WISCONSIN Toll Free: 877-700-7950 www.milmark.com Brash Realty Co., Inc. $2,800,000 $4,500,000 $3,880,000 $1,450,000 $1,399,000 $2,400,000 $260,000 $1,500,000 847-205-5600 www.brashrealty.com 132 UNITS: Historic Landmark Full Service Hotel. 82 UNITS: Franchised property with leased restaurant. 60 UNITS: Franchised property with added land. 43 UNITS: Limited service franchised property. 36 UNITS: Limited service franchised property. 35 UNITS: Resort property on water. 21 UNITS: Independent limited service property. 13 UNITS: Motel and established café business in resort area. 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, Month-to-date April 2008 Room Rev. up $35,536 over same period last year. Asking: $3,850,000 Independent Hotel – 94 units – Indiana. Cost per unit $32,143 Asking: $2,700,000 Franchised Hotel – 98 units – So. Dakota. TTM Ending May 2008 Room Revenue $982,443. 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. 2007 year-end Room Revenue $1,303,253 Asking: $3,900,000 Franchised Hotel – 201 units full service hotel – Illinois. Asking: $14,250,000 http://www.HotelMotel.com/digital_edition http://HotelMotel.com http://www.HunterHotels.net http://www.gcdhotels.com http://www.scogginblue.com http://www.hbihotels.com http://www.brashrealty.com http://www.milmark.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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