Hotel & Motel Management - October 6, 2008 - (Page 69)

www.HotelMotel.com/digital_edition H&MM October 6, 2008 | HotelMotel.com Real Estate 69 Real Estate Corporate Ofﬁce 410-489-5900 www.MBAHotels.com Midwest Ofﬁce 641-472-7475 FEATURED PROPERTY NEW LISTING! 116 Rooms, Howard Johnson, PA Located at intersection of two major interstate highways. Two and three story interior corridor. Indoor pool. Offered at $3,200,000. 142 Rooms, Franchise, PA Two story, interior corridor, Interstate exit. Close to Universities, Medical Center, and Amusement Park. 2007 Room Revenue $1.36 million. Offered at less than 3.4x Room Rev. Asking $4,600,000 90 Rooms, Franchise, KS Two-story, interior corridor, downtown location. Revenues trending up. Now offered at $1,695,000 NEW LISTING! 84 Rooms, Independent, MD Located in busy Ocean City market. Bayside. Two story exterior corridor. Offered at $10,000,000. UNDER CONTRACT! 66 Rooms, Franchised, VA Consistent revenue, located near multiple demand generators. Strong NOI. Offered at $2,675,000. NEW LISTING! 59 rooms, Franchise, IA Two-story, ext. corridor, near Interstate exit. Metro area 500,000+ pop. Revenues $300,000+ and climbing. Asking $ 995,000. NEW LISTING! 54 Rooms, Independent, IA Impeccably-maintained ext. corridor, near highway. Ethanol plant nearby under construction. Rev. $340,000+ and climbing. $995,000. 43 Rooms, Independent, TN Located on 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. Asking $1,025,000. 42 Rooms, Relax Inn, PA Located at the intersection of two main Interstates. Well maintained. Taking offers. NEW LISTING! 20 Rooms, Independent, VA Newly built, all suite hotel located in beach resort area. $654k projected revenue for 2009. Offered at $2,400,000. HOTEL LAND SITE, MD 5 acre site approved for Holiday Inn Express. Feasibility study available. 65% Occupancy market. Located in greater Baltimore area. All plans included. $2,200,000. C H I  N M Marcus & Millichap’s National Hospitality Group provides clients with access to more qualiﬁed private and institutional investors than any other ﬁrm. Our market expertise, transaction knowledge, industry-leading research and national marketing platform maximize value for every transaction. Robert Hicks (877) 95-HOTEL YOUR PRODUCTS & SERVICES AD COULD BE HERE! CALL 216-706-3794 http://www.HotelMotel.com/digital_edition http://www.HotelMotel.com http://www.hbihotels.com http://www.paramountlodging.com/listings http://www.MBAHotels.com http://www.mumfordcompany.com

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Hotel & Motel Management - October 6, 2008 Contents NYLO Brands Mix Up Lifestyle Segment La Quinta Eyes Mexico, Canada for Growth Perspective Legally Speaking Marketing Matters Satisfaction Trends Maintenance Doctor HotelWorld Update Trends & Stats Independent Hotels Top Hotel Multiunit Owners and Developers Survey Cleaning & Maintenance Music Wallcoverings Supplier News Transactions Softgoods: Bedding & Linens People Events Ad/Editorial Index Marketplace Classifieds Checking Out

Hotel & Motel Management - October 6, 2008

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