Hotel & Motel Management - October 1, 2007 - (Page 65)

www.HotelMotel.com/digital_edition HotelMotel.com | H&MM October 1, 2007 Real Estate 65 Real Estate INDIANA 60 Rooms, Baymont Inn & Suites former AmeriHost, Decatur. 2 story, interior corridor, indoor pool, built in 1998, absentee management. Revenue $664,787. Price $2,150,000. 74 Rooms, Quality Inn & Suites, I-64, Evansville. 3 story, interior corridor, indoor pool, built in 2000, absentee management. Revenue $677,956. Price $2,500,000. 125 Rooms, Econo Lodge, I-70, Terre Haute. Single story, prefab construction, built in 1988, absentee management, managers apartment. Revenue $1,250,729. Price $3,250,000. OHIO 40 Rooms, Days Inn, I-70, Zanesville. 2 story, exterior corridor, new 20 year license agreement. Price $1,290,000. 87 Rooms, Knights Inn, Dayton. Single story, prefab construction, built in 1987, completely renovated in 2005, absentee management, managers apartment. Revenue $560,061. Price $1,700,000. 90 Rooms, Red Roof Inn, I-71, Cleveland. 2 story, exterior corridor, built in 1988, absentee management. Revenue $627,739. Price $2,500,000. 106 Rooms, Ramada Airport South, I-71, Cleveland. 2 story, exterior corridor, built in 1985, completely renovated. Revenue $1,291,094. Price $4,750,000. 120 Rooms, Howard Johnson, I-75, Dayton. 2 story, interior corridor, built in 1982. Revenue $742,240. Price $1,950,000. 150 Rooms, Holiday Inn, I-70, Springfield. 2 story, interior corridor, holidome, indoor pool, meeting rooms, restaurant, lounge, built in 1973. Room Revenue $2,064,049. Total Revenue $2,630,223. Price $4,175,000. PENNSYLVANIA 99 Rooms, Super 8, I-80, Clarion. Single story, prefab construction, built in 1984, absentee management, managers apartment. Revenue $739,838. Price $2,600,000. Call or check our website for a complete list of our motels for sale. MIDWEST HOT LIST www.MBAHotels.com FEATURED PROPERTY Corporate Office 410-489-5900 Midwest Office 641-472-7475 Baltes Commercial Realty, Ltd. Phone: 937-438-6700 Fax: 937-438-6710 Email: bcr@1bcr.com Website: www.1bcr.com • 5 Star Luxury Hotel Resort in Morocco • 240+ Suites & rooms under development • Acquisition, management, or joint venture • First phase complete and operating • Call Elisa Fritsch or Elias DePaula Brazil – Resort Hotel acquisition opportunities in Buzios and Rio areas. Ask for Elias DePaula. 115 room Franchise MD Recently Renovated. Beautiful lobby. Interior Corridor. Adjacent to restaurants. $3,600,000. 86 rooms, two franchised hotels (side-by-side) NY Two branded hotels, first hotels at busy Interstate exit in New York State. Built 2006 and 1995 (with major upgrades in 2006). Indoor heated pool, hi-speed Internet, walking distance to major restaurants and shopping mall. Occupancy 62%. Asking $6,800,000. 78 room Franchise IA Located on a major boulevard at one of the busiest exits in Iowa’s capital city. Offers large breakfast area, full-size pool and Jacuzzi, large meeting room and four storefront/office rental units for added income. Under-performing property needs new ownership. Offered at $2,495,000. 60 room Franchise IA Interstate 80 exit, prime metro area of Iowa. Many demand generators, business and sports. Exceptionally well maintained, new carpet, interior paint, and tile, indoor pool and jacuzzi, interior corridor, strong room revenue, priced to sell. Offered at $2,100,000. 55 rooms, Franchise- MI Convenient location, two stories newly franchised. This attractive property is only 4 miles from the downtown area and 28 miles from Lake Michigan, no current punch list, Managers apt, two Jacuzzi Suites, and indoor pool. Offered at 1,925,000. 55 room Franchise OK Busy property in sunny Oklahoma. Indoor pool, strong franchise and web reservations. Very nice condition, easy to manage, room rev $655,000 in 2006. Up 9% in 2007, Offered at $1,975,000 44 Room Econo Lodge, TN Highway exit at busy intersection in the Tri-Cities area. Two story building, well kept. Close to colleges, area attractions and Bristol Motor Speedway, an excellent revenue generator. Motivated seller $1,125,000. New Listing! 41 room National Brand Iowa A great property for a family owner-operator. Mixed interior and exterior corridor; large meeting room, breakfast room, and luxurious 3-br. owner’s apartment on 2+ acres. Located one mile from town center, nearby university and regional industry on busy route. Many improvements, uptrend in revenues. Income for 2007 projected at $330,000. Offered at $899,000. 40 room Franchise IA. Owner-friendly brand near new casino. Long-established family business with living quarters ideal for owner-operator. Many recent improvements. Annual revenue average of $367,000 over the past three years. Make an Offer. 22 room Independent, NJ Three story, exterior corridor motel in New Jersey. Located on main route into town. One block to the beach and boardwalk. Large manager’s apartment. Offered at $1,900,000. 16 Room Independent Motel, CA Excellent starter property with 100% owner financing available, $225,000 down. Reliable cash flow from solid repeat customer base, including government contracts. Well maintained property with low operating costs. 18% capitalization rate. Reduced Price $720,000. Looking to hire someone? Reach thousands of professionals in your industry by placing a classified ad! http://www.HotelMotel.com/digital_edition http://HotelMotel.com http://www.MBAHotels.com http://www.MBAHotels.com http://www.1bcr.com http://www.mazilihotelgroup.com http://www.mazilihotelgroup.com

Table of Contents Feed for the Digital Edition of Hotel & Motel Management - October 1, 2007

Hotel & Motel Management - October 1, 2007 Contents Independents Rely on Guest Feedback Models Showcase Aloft, Element Brands Trainers Emphasize Communication, Cooperation Perspective At Your Risk Satisfaction Trends Sales Clinic Energy Star Update HotelWorld Update Trends & Stats Dressing Walls in 'Green' Music Programming Provides a Sound Solution Remote Check-In/Out for Leisure Travelers Q&A: Western U.S. Pipeline Softgoods - Beds and Bedding Transactions A Cause Célèbre Awards People on the Move Events Cleaning and Maintenance Solutions Marketplace Ad/Editorial Index Classifieds Checking Out

Hotel & Motel Management - October 1, 2007

For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.