Hotel & Motel Management - October 15, 2007 - (Page 60)

60 Real Estate HN Huff, Niehaus & ASSOCIATES INC. H&MM October 15, 2007 | HotelMotel.com www.HotelMotel.com/digital_edition FEATURED ARIZONA PROPERTIES: CONFIDENTIAL LISTING 120U Radisson 66U Comfort Over $10,000,000 Renovation $23,000,000 Call for information Huff, Niehaus & Associates Inc. HBI Regional Broker 2006, 2005, 2004, 2001 & 1998 • IN – New Listing! 140+ rm FS Nat’l Franchise w/leased restaurant. Interstate. Only FS but operated as Ltd Svc. Ask us! Price <$34K/room. • OH – New Listing! 95+ All suites Gen 1 Residence Inn in excellent extended stay market. All suites 550 sf & 850 sf. Reasonably priced for new franchise. • IN – 60+ Rms Nat’l Franchise, Mid market inn w/25+ suites. Less than 7 years new. New soft goods throughout. 10% Cap. Offering price $5.25MM. • IN – <70 Rms Limited Service. Interior Corridor. Nat’l Franchise. Metro Interstate. 8 years new. Offering only $1.95MM. • IN – 65+ Rms Holiday Inn Express. Open Fall 2006. Beautiful and excellently built. REVPAR $34.56 expected to exceed $50+ with new corporate business. • IN – Quality Inn. Ltd. Svc. Renovated for automatic transfer with new bedding package and new equipment in 2007. Price reduced $21K/key. • OH & IN – 199 Rms. Two franchised hotels. One Full Svs, one Ltd Svs. Total Room Revenue $3.0MM. Total Revenue $3.6MM. NOI $875K. Offering new price $8.0MM. • IN – 100+ Rm. FS. Indoor pool. Growing Room Revenue $935K. New parts plant w/300+ workers coming. Great upside. Price $2.4MM. TIME SHARE DEVELOPMENT Approvals-Plans-Ready to Permit - 96 Unit - Front Lake & Golf Course $4,250,000 $650,000 PRICE REDUCTION 65U - Int. Corridor-Blt 1995Including Restaurant Pad - Grt Freeway Visibility $5,150,000 Using Specialized Marketing Systems to Bring Buyers and Sellers Together 200U WA - High Rise - Repositioning Opportunity - Leased Restaurant & Lounge - Dn. Town - $8,500,000 166U AZ - $300,000 PRICE REDUCTION – Best Western - 3.75 X Rm. Rev. – Great Freeway Location- $15,450,000 111U AZ - Best Western – Excellent Location – Original Owner - $12,950,000 160U AZ - $550,000 PRICE REDUCTION - $4,000,000 Rm. Rev. Rebranding Opportunity – Great Freeway Location - $14,950,000 33U WY - PRICE REDUCTION - 3.2 X Rm. Rev. - $1,795,000 21U AZ - $750,000 22U AZ - $895,000 13U AZ - $675,000 SHS Lending Specializing in Hotel Financing F.F.E. Leasing 602-468-3548 AZ. MB. - 0908648 GRT OPPORTUNITY 269U AZ - 10+ ACRES DN. TN LOCATION GRT. FREEWAY VISIBILITY $12,000,000 www.huffniehaus.com 888-552-4324 Put our 110% effort to work for your successful sale! Serving Lenders and Hospitality Industry for 32 years. HIRING EXPERIENCED SALES PROFESSIONALS LICENSED AZ, CA, CO, HI, ID, MT, NV, OR, TX, UT, WA, WY & MEXICO 602-HOTEL4U • 602-468-3548 www.shshotels.com Individual Member Hotel Brokers International Visit with HBI Brokers at Best Western International Trade Show - Booth 304 WISCONSIN EXCLUSIVE HOTEL/MOTEL REALTOR SINCE 1954 Toll Free: 877-700-7950 www.milmark.com Montreal - October 15-17 Rome - October 17-19 Dallas - October 24 International Hotel Conference - Booth 2 InterContinental Hotels Group Trade Show - Booth 1008 192 UNITS: Independent property great Interstate location. 132 UNITS: Historic Landmark Full Service Hotel. 120 UNITS: Franchised property with leased restaurant. 82 UNITS: Franchised property with leased restaurant. 35 UNITS: Full service independent in resort area. 21 UNITS: Independent limited service property. 17 UNITS: Historic Inn with Restaurant & Lounge. 16 UNITS: Full service independent in resort area. $8,000,000 $2,800,000 $3,300,000 $4,500,000 $2,000,000 $325,000 $1,200,000 $700,000 www.hbihotels.com 800.821.5191 Laurel Real Estate Company Errol D’Souza 614-865-9445 Hotels For Sale Visit our website at: www.laurelhotelbrokers.com • 100+ units, Raleigh, North Carolina - $8,000,000 Revenue $2,285,000, busy RTP location near Raleigh Airport • 86 units, Days Inn, Battle Creek, Michigan - Price $1,800,000 Revenue $550,000, busy I-94 location, assumable bank financing • 71 units, Hampton Inn, Michigan - $4,200,000 Revenue $1,300,000, 9-year old, 3-story interior corridors, highway location • 66 units, Holiday Inn Express, Vermilion, Ohio - $3,700,000 Revenue $1,044,000, 10-year old, 2-story interior corridors, highway location • 65 units, Comfort Inn, Seville, Ohio - $2,200,000 Revenue $675,000, 2-story interior corridors, I-76 location • 54 units, Country Inn & Suites, Macedonia, Ohio - Price $3,600,000 Revenue $985,905, built in 2000, 3 floors, interior corridors, excellent condition TEXAS & KANSAS LISTINGS TX-Independent, Hill Country location, can franchise. Asking $2,750,000. TX-Red Roof Inn, newly renovated, interior, rising sales. Asking $2,850,000. TX-Independent, interstate location, $1.3mill RR. Asking $3,150,000. TX-Independent, leased restaurant & bar. Asking $3,150,000. KS-Best Western, interior, fully renovated. Asking $3,350,000. More details and additional properties at www.laurelhotelbrokers.com Phone # (817) 410-5731 Email: info@brockhotelgroup.com http://HotelMotel.com http://www.HotelMotel.com/digital_edition http://www.huffniehaus.com http://www.huffniehaus.com http://www.shshotels.com http://www.shshotels.com http://www.hbihotels.com http://www.hbihotels.com http://www.milmark.com http://www.milmark.com http://www.hbihotels.com http://www.hbihotels.com http://www.laurelhotelbrokers.com http://www.laurelhotelbrokers.com http://www.laurelhotelbrokers.com http://www.hbihotels.com http://www.hbihotels.com

Table of Contents Feed for the Digital Edition of Hotel & Motel Management - October 15, 2007

Hotel & Motel Management - October 15, 2007 Contents Concord Sets Goal to Double Portfolio Leaders: Budgetel Brand Off and Running Pension Funds Put More Capital Into Hotels Perspective Letter to the Editor At Your Risk Consultant's Corner Sales Clinic On Finance Guest Column Trends & Stats Industry Leaders Say Healthy Times Will Continue Eco-Concious Hotels Looks for Certification Events Removing Chemicals, Suds from Housekeeping Products Handhelds Help Track Safe Activity People on The Move Awards Transactions Supplier News Ad/Editorial Index Bath Trends Marketplace Classifieds Checking Out

Hotel & Motel Management - October 15, 2007

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