Hotel & Motel Management - November 19, 2007 - (Page 53)

www.HotelMotel.com/digital_edition H&MM November 19, 2007 | HotelMotel.com Real Estate 53 New Listing 2 hotels in Calypso Cay Lake Buena Vista South, Orlando, Florida Country Inn & Suites New Listings: 124 units in Central FL, franchise, interstate location, full service, 11.7% cap, asking $7,500,000. Sold: Licensed Real Estate Brokers AmeriSuites 97 unit Comfort Inn, Tampa Bay area, just reduced, 11% cap. 74 units SW Florida, newly renovated, Interstate 75 location, MAKE OFFER. 80 units in North Florida, interstate location, limited service, $4,250,000. asking $4,495,000.00 115 units, located in Central Florida, now independent, ready to be franchised, $5,500,000.00. 118 units newly franchised in place with transfer agreement, priced to sell at $12,000,000. ATLANTA OFFICE 404-355-0880 FLORIDA (727) 447-8383 FAX: (727) 447-6533 Visit us on the web at:“www.gcdhotels.com” 80 units, interstate location, North Florida www.hunterhotels.net Bob Hunter • Teague Hunter • Lee Hunter Kyle Stevenson • Warner Smith VIRGINIA OFFICE 703-425-1513 HN Huff, Niehaus & ASSOCIATES INC. HBI Regional Broker 2006, 2005, 2004, 2001 & 1998 Huff, Niehaus & Associates Inc. Optimum Hotel Brokerage Exclusive Listings in PA, NJ, CT, RI, MA, NH WWW.OPTIMUMBROKERAGE.COM Phone: 215-572-7711 joe@optimumbrokerage.com EXCLUSIVE HOTEL/MOTEL REALTOR SINCE 1954 Toll Free: 877-700-7950 www.milmark.com WISCONSIN 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. 32 UNITS: Limited service independent property. 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 $900,000 $260,000 $1,200,000 $700,000 • IN – Quality Inn. Ltd. Svc. Renovated for automatic transfer with new bedding package and new equipment in 2007. Price reduced $21K/key. • OH – 100 Rm – FS Nat’l Franchise. Interior Corridor. Rm Rev $2.15M. NOI $830K+. Price $5.9M. • 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 – <70 Rms Limited Service. Interior Corridor. Nat’l Franchise. Metro Interstate. 8 years new. Offering only $1.95MM. • 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. • 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. Put our 110% effort to work for your successful sale! Serving Lenders and Hospitality Industry for 32 years. www.huffniehaus.com 888-552-4324 Individual Member http://www.HotelMotel.com/digital_edition http://HotelMotel.com http://www.hunterhotels.net http://www.gcdhotels.com http://www.hunterhotels.net http://www.huffniehaus.com http://WWW.OPTIMUMBROKERAGE.COM http://WWW.OPTIMUMBROKERAGE.COM http://ge.com http://www.milmark.com http://www.milmark.com http://www.huffniehaus.com

Table of Contents Feed for the Digital Edition of Hotel & Motel Management - November 19, 2007

Hotel & Motel Management - November 19, 2007 Contents Torrid Hotel Sales Pace Persists Boykin Takes Steps to Regain Foothold Best Western Sets 10-year Plan Perspective At Your Risk HotelWorld Update Sales Clinic Events Trends & Stats Charting H&MM's Top Lodging Design Firms Fitness Equipment Supplier News PMS Software Provides One-Click Solutions High-Quality Linens Require Higher-Quality Cleaning Despite Slow Market, Condo Hotels Thrive Ad/Editorial Index Marketplace Classifieds Checking Out

Hotel & Motel Management - November 19, 2007

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