Hotel & Motel Management - October 20, 2008 - (Page 44) 44 Real Estate H&MM October 20, 2008 | HotelMotel.com www.HotelMotel.com/digital_edition Corporate Office 410-489-5900 Midwest Office 641-472-7475 www.MBAHotels.com Serving lenders and the hospitality industry for 33 years NEW LISTING! Hilton Product Hotel Site, VA Well situated off I-66 near Dulles International airport, this 161 room Hilton Garden and 145 room Homewood Suites project will have full approvals and permits in 2009 and could open in 2010 in time for the next expansion market. Offered at $8,000,000. REDUCED PRICE! 142 Rooms, Franchise, PA Priced to sell now! Offered at a 12.7% Cap Rate and 3x Room Rev! Two story, interior corridor, Interstate exit. Close to Universities, Medical Center, and Amusement Park. 2007 Room Revenue $1.36 million. Asking $4,250,000 NEW LISTING! 109 Rms, Howard Johnson, PA Located at intersection of two major interstate highways. Two and three story interior corridor. Indoor pool. Offered at $3,200,000. NEW LISTING! 84 Rooms, Independent, MD Located in busy Ocean City market. Bayside. Two story exterior corridor. $10,000,000. 56 Rooms, Franchise, IA Built in 1994. Two story interior corridor. Indoor pool. Large lobby and breakfast room/meeting room. Revenue $750,000 and climbing. Interstate exit, near airport, downtown. $2,395,000 59 rooms, Franchise, IA Two-story, ext. corridor, near Interstate exit. Metro area 500,000+ pop. Revenues $300,000+ and climbing. Asking $ 995,000. FEATURED PROPERTY Featured Properties OH – 90+ rm Hilton brand. 7 years new, metro location with major corporate & leisure generators. 100,000+ cars on interstate. Room revenue $2.0MM. Price $87.7K/room. KY – 135 rm full service national franchise, airport & interstate location. Minimal PIP. Great upside. Room revenue $1.12MM. Price $3.4MM. WV – 150+ rm Days Inn. Very good condition with 2008 improvements. On I-64. NOI $600K on room revenue $1.35MM. Price $4.15MM. IN – <70 rms independent, franchisable. Indoor pool. TTM room revenue $780K. 6.5+ acres. New market generator. Great upside. Price $2.4MM. Limited service. National franchise, interior corridor. Metro interstate. 8 years new. Price $33K/room. IN – 100+ rm independent, franchisable. Indoor pool. TTM room revenue $780K. 2.5 acres extra incl. New market generator. Great upside. Price $2.4MM. IN – uality Inn limited service. Renovated for auto transfer w/new bedding package & new equipment in 2007. Price <$21K/room. NEW LISTING! 63 Rms, Sleep Inn Under construction in downtown Baltimore, MD. Developer will finish. Asking $8,500,000 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 Hwy exit at busy intersection in Tri-Cities area. Two story, well kept. Near colleges, area attractions and Bristol Motor Spdway. $1,025,000 42 Rooms, Relax Inn, PA Located at the intersection of two main Interstates. Well maintained. Taking offers. NEW LISTING! 20 Rms, Independent, VA All Suite hotel, Opened Sept. 2008. Beach resort area. $654k projected revenue for 2009. Offered at $2,400,000. 502-254-7787 Individual Member hu niehaus.com HBI Regional Broker – 2006, 2005, 2004, 2001, & 1998 MBA Capital Funding - 410-489-7500 *Offering Hotel Financing and Capital Investment Advisory Services* Dallas — November 5 New Mexico - Austin - Dallas 575-523-7421 FAX: 575-524-3699 www.scogginblue.com Scoggin Blue LLC Hotel Investor’s Marketplace CONFERENCE HIGHLIGHTS Experience a unique conference designed for hotel investors Meet with the industry’s most experienced brokers Gain insight into hotel investments Visit with the key representatives of the industry’s most prominent franchise companies Review HBI’s inventory of exclusive hotel listings Acquire valuable information about local, regional and national hotel investments Network with top industry leaders and decision makers To request an invitation contact your HBI broker e-mail your request to info@hbihotels.com register online at www.hbihotels.com or call 800.821.5191 199 Units, Ltd. service franchise, 2 Major interstates, priced at only $5,250,000 Cash. 120+ Units, Albuquerque, I-40/US 66, priced approx. $20,000 per unit. 115 Units, Albuquerque, Ltd. Service, Franchised, 3 Bdrm. LQ, $2,500,000. 100+ Units, San Antonio, TX, Ltd. Service, branded, renovated, $6,750,000. 76 Units, Branded, Santa Fe, plus 4 acres vacant land. 46 Units, ABVI off I-40/Rt. 66, $495,000. EXCLUSIVE HOTEL/MOTEL REALTOR SINCE 1954 Toll Free: 877-700-7950 www.milmark.com WISCONSIN 132 UNITS: Historic Landmark Full Service Hotel. 55 UNITS: Full service resort in pristine setting. 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. $2,800,000 $8,000,000 $1,399,000 $2,400,000 $260,000 $1,500,000 http://www.HotelMotel.com http://www.HotelMotel.com/digital_edition http://www.hbihotels.com http://www.huffniehaus.com http://www.MBAHotels.com http://www.hbihotels.com http://www.scogginblue.com http://www.milmark.com
Table of Contents Feed for the Digital Edition of Hotel & Motel Management - October 20, 2008 Hotel & Motel Management - October 20, 2008 Contents Event Empowers Property-Level Leaders Boutique Bonanza Perspective Legal FAQ Consultant's Corner AAHOA Update Sales Clinic HotelWorld Update On Finance Trends & Stats Surprise Guests by Predicting Their Needs Transactions Worse Than Most Predicted Electronic Safes Housekeeping Services Marketplace Events Ad/Edit Index Classifieds Checking Out Hotel & Motel Management - October 20, 2008 Hotel & Motel Management - October 20, 2008 - Hotel & Motel Management - October 20, 2008 (Page Cover1) Hotel & Motel Management - October 20, 2008 - Hotel & Motel Management - October 20, 2008 (Page Cover2) Hotel & Motel Management - October 20, 2008 - Hotel & Motel Management - October 20, 2008 (Page 1) Hotel & Motel Management - October 20, 2008 - Hotel & Motel Management - October 20, 2008 (Page 2) Hotel & Motel Management - October 20, 2008 - Contents (Page 3) Hotel & Motel Management - October 20, 2008 - Boutique Bonanza (Page 4) Hotel & Motel Management - October 20, 2008 - Boutique Bonanza (Page 5) Hotel & Motel Management - October 20, 2008 - Perspective (Page 6) Hotel & Motel Management - October 20, 2008 - Perspective (Page 7) Hotel & Motel Management - October 20, 2008 - Consultant's Corner (Page 8) Hotel & Motel Management - October 20, 2008 - Consultant's Corner (Page 9) Hotel & Motel Management - October 20, 2008 - AAHOA Update (Page 10) Hotel & Motel Management - October 20, 2008 - AAHOA Update (Page 11) Hotel & Motel Management - October 20, 2008 - Sales Clinic (Page 12) Hotel & Motel Management - October 20, 2008 - Sales Clinic (Page 13) Hotel & Motel Management - October 20, 2008 - HotelWorld Update (Page 14) Hotel & Motel Management - October 20, 2008 - HotelWorld Update (Page 15) Hotel & Motel Management - October 20, 2008 - On Finance (Page 16) Hotel & Motel Management - October 20, 2008 - On Finance (Page 17) Hotel & Motel Management - October 20, 2008 - Trends & Stats (Page 18) Hotel & Motel Management - October 20, 2008 - Trends & Stats (Page 19) Hotel & Motel Management - October 20, 2008 - Surprise Guests by Predicting Their Needs (Page 20) Hotel & Motel Management - October 20, 2008 - Surprise Guests by Predicting Their Needs (Page 21) Hotel & Motel Management - October 20, 2008 - Transactions Worse Than Most Predicted (Page 22) Hotel & Motel Management - October 20, 2008 - Transactions Worse Than Most Predicted (Page 23) Hotel & Motel Management - October 20, 2008 - Transactions Worse Than Most Predicted (Page 24) Hotel & Motel Management - October 20, 2008 - Transactions Worse Than Most Predicted (Page 25) Hotel & Motel Management - October 20, 2008 - Electronic Safes (Page 26) Hotel & Motel Management - October 20, 2008 - Electronic Safes (Page 27) Hotel & Motel Management - October 20, 2008 - Electronic Safes (Page 28) Hotel & Motel Management - October 20, 2008 - Electronic Safes (Page 29) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 30) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 31) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 32) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 33) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 34) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 35) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 36) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 37) Hotel & Motel Management - October 20, 2008 - Marketplace (Page 38) Hotel & Motel Management - October 20, 2008 - Events (Page 39) Hotel & Motel Management - October 20, 2008 - Ad/Edit Index (Page 40) Hotel & Motel Management - October 20, 2008 - Classifieds (Page 41) Hotel & Motel Management - October 20, 2008 - Classifieds (Page 42) Hotel & Motel Management - October 20, 2008 - Classifieds (Page 43) Hotel & Motel Management - October 20, 2008 - Classifieds (Page 44) Hotel & Motel Management - October 20, 2008 - Classifieds (Page 45) Hotel & Motel Management - October 20, 2008 - Checking Out (Page 46) Hotel & Motel Management - October 20, 2008 - Checking Out (Page Cover3) Hotel & Motel Management - October 20, 2008 - Checking Out (Page Cover4)
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