Hotel & Motel Management - December 10, 2007 - (Page 51)

www.HotelMotel.com/digital_edition HotelMotel.com | H&MM December 10, 2007 Real Estate 51 Real Estate Wyoming: 44 Unit Rodeway Inn. Junction of two Interstates, mountain community, nice living quarters. Great potential for an owner-operator! $1,300,000 South Dakota: 45 Unit Best Western, gaming, restaurant, Black Hills of South Dakota! $3,995,000. South Dakota: 50 Unit Holiday Express. Steadily increasing revenues, solid NOI, PIP completed recently. Interstate 90 location! $2,990,000 Wyoming: 41 Unit Rodeway Inn. Interstate 90 location, great condition, indoor pool and hot tub, NOI over 50%! $1,125,000. South Dakota: 35 Unit Independent. Small town, controls the lodging market. Managers quarters, could easily be ﬂagged. $330K in revenue - just $985,000 Nebraska: 58 Unit America’s Best Value Inn. Interstate location, a solid performer, fantastic QA scores! $1,350,000 Nebraska: 45 Unit Super 8 College town, great revenue! $1,295,000 Nebraska: 35 Unit Days Inn, on interstate 80, includes C-Store & RV Park $2,100,000. INDIANA 54 Rooms, Holiday Inn Express, Bluffton. 2 story, interior corridor, built in 1998, managers apartment, license expires January 2011. Revenue $784,265. Price $2,800,000. 125 Rooms, Econo Lodge, I-70, Terre Haute. Single story, modular construction, built in 1988, absentee management, managers apartment. Revenue $1,250,729. Price $3,250,000. MICHIGAN 120 Rooms, Hampton Inn, I-675, Saginaw. 2 story, interior corridor, built in 1989, license expires in 2 years. Revenue $1,645,932. Price $4,900,000. OHIO 62 Rooms, Super 8, I-77, Marietta. 3 story, interior corridor, built in 1988. Revenue $600,288. Price $2,050,000. 87 Rooms, Knights Inn, Xenia. Single story, exterior corridor, modular construction, built in 1987, 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, converted to Red Roof Inn 2004, absentee management. Revenue $627,739. Price $2,500,000. 95 Rooms, Baymont Inn & Suites, I-270, Columbus. 2 story, exterior corridor, built in 1986, absentee management. Revenue $836,766. Price $3,200,000. 97 Rooms, Buckeye Budget Inn (Independent), I-75 across from Bowling Green University. 2 story, exterior corridor, built in 1981, managers apartment. Revenue $462,107. Price $1,595,000. 107 Rooms, Tallyho-tel (Independent), I-77, Cleveland. Single story, exterior corridor, modular construction, built in 1982, absentee management. Revenue $484,656. Price $1,500,000. 150 Rooms, Holiday Inn, I-70, Springfield. 2 story, interior corridor, holidome, 9,000 sq. ft. of meeting space, built in 1973. Room Revenue $2,064,049. Total Revenue $2,630,223. Price $4,175,000. 180 Rooms, Two adjacent hotels Days Inn (100 rooms) & Villager (Independent), I-75 at I-70, Dayton. 2 story, built in 1976, lots of upside. Revenue $763,102. Price $3,000,000. Call or check our website for a complete list of our motels for sale. MIDWEST HOT LIST 307-686-6360 • Email: patgreen@vcn.com Pat Green Prudential Preferred Properties ORLANDO - DISNEY WORLD 10% Cap - Seller Financing Available Both properties are next to each other on 17 acres, across the street from Disney’s Celebration and two miles from Disney World. Howard Johnson - 367 rooms - $16.5M Rodeway Inn - 200 rooms - $9.9M MUST SELL - MAKE OFFER Baltes Commercial Realty, Ltd. Phone: 937-438-6700 Email: bcr@1bcr.com Website: www.1bcr.com Please Email: harveyLV@aol.com, 813-376-4075 Harvey Estes, Exec Realty, LLC BANK REO PROPERTY 272 Room, Turn-Key Hotel/Motel Property, Raleigh, NC FOR SALE For Sale: Intellectual Rights to: Entertainment Dining & Lodging in NOAH’S ARK The ultimate family resort • 300+ Rooms & Patriarchal Suites • Olive Branch & Rainbow Room Dining • Rainstorms inside restaurants • Dine at Capt. Noah’s Table • Oasis desert catered party area • Mt. Ararat dancing under the stars • Customer boating-in at docks • Mini-Ark excursion boat rides • Swimming, skating, sailboating • Noah theater, gift shop, museum • Convention and wedding halls • 20 hotel income sources • Ark Hotel, excursion boat, game, sandwich line, $20K compli. gifts 2815 Capital Blvd, Raleigh, NC • 272 Rooms / 142,324+/- SF on 8.02+/- Acres • Amenities incl. Indoor Pool, Jacuzzi, Restaurant & Bar, Exercise & Game Rooms • Built in 1963 – 1980 w/ Renovations in 2004 and 2005 • Located Just off of I-440, Just 4 Miles from the Center of Raleigh CB Richard Ellis, Inc. Mike Hobson - (919) 831-820 Michael.hobson@cbre.com Keen Realty, LLC (516) 482-2700 Krc2@keenconsultants.com • 70+ Unit New Franchise, Central FL - inc. 20 suites and 2-bedroom living qtrs. Built to upperfranchise standards! Proj. $1.4M revenue for 2007; $1.7M for 2008. Asking $8M. • 126 Unit Independent NW FL located near airport and beaches. 2006 Revenue $1.3M+. Asking $4.2M. FLORIDA MOTELS “Exclusive Marketing Agents Representing Owners of Owners of Hotel Real Estate” “Exclusive Marketing Agents Representing Hotel Real Estate” Owners of Hotel Real Estate” g g p LEISUR E Real Estate Advisors, L.L.C. LEISUR E HOTELS FOR SALE Review our Listing Portfolio at R e a l E s t a t e A d v i s o r s , L . L . Cwww.leisurerealestate.com . Email: info@leisurerealestate.com 386-672-7773 • 386-676-0139 FAX www.edwardsrealty-motels.com EDWARDS REALTY & INVESTMENTS, INC. leisurerealestate.com Kansas City - Lincoln, NE 913-894-5252 402-421-8014 SOUTHEAST INTERNATIONAL HOTEL BROKERS (417) 865-2520 www.southeastinternational.com HOSPITALITY IS OUR ONLY BUSINESS! 47 Years of Business! See our current listings at: William Kunsman 801-785-5131 HOUSTON: 113 MILES, BEST WESTERN 33 ROOMS, 3 years old, $ 2.6 mil and independent 45 rooms, $1.9 mil Dallas: 49 miles, independent, 98 rooms, $2,4 mil Ashok Daftary, (972) 612-0000 omrealtyfinance@gmail.com 12/10 SUPER 8 FOR SALE. Georgia I-75 Location. 20 miles from Atlanta. 52 Units. Exterior Corridor. Excellent Income Potential. Located on a Fast Growing Exit. Price $2,400,000. Call Rita Patel at The Northside Agency: 404-840-3270. 12/10 Get on the ball! $$$ HOSPITALITY PROPERTIES FOR SALE CONTACT: GIANT HOSPITALITY GROUP Foreclosed and Lender Owned POTENTIAL FINANCING AVAILABLE At: 559-359-4444 or 559-709-4646 HMM Classifieds work! 716-854-4000 Hotel-Realty.com Wondering where to find new customers? Look no further! Contact Brian Olesinski today to place your ad in For Sale, small unique motel with apartment, area for restaurant, lounge, license available for liquor, Also full service convenient store with beer license, Town becoming tourist area, antique stores, etc., Financing available. • • • • • • Interstate Location • • • • • • • • • • • Contact (559) 709-4646• • • • • 103 units, meeting rooms & restaurant/bar facilities. On almost 4 KS acres just off I-70. $2,200,000. United Country 1-800-999-1020, Ext. 195 www.unitedcountry.com/hotel Place your ad in Hotel & Motel Management today! Call Brian Olesinski at: 800-669-1668 ext. 3794 bolesinski@questex.com ECONO LODGE 800-669-1668, ext. 3794 Fax 216-706-3710 bolesinski@questex.com http://www.HotelMotel.com/digital_edition http://www.HotelMotel.com http://www.1bcr.com http://www.leisurerealestate.com http://www.edwardsrealty-motels.com http://www.southeastinternational.com http://www.concordegroupinc.com http://www.hotel-realty.com http://www.unitedcountry.com/hotel

Table of Contents Feed for the Digital Edition of Hotel & Motel Management - December 10, 2007

Table of Contents News Wildfires test hotels' emergency plans LIIC roundtable: Capital available for hotel projects Departments Perspective Letters to the Editor At Your Risk Family Business Matters Sales Clinic On Finance Satisfaction Trends HotelWorld Update Events Trends & Stats Special Report H&MM's "year in review" tackles the top seven in 2007 Transactions Consumer Insight Travelers rank free breakfast high on must-have items Hot Products IH/M&RS Editors' Choice Award winners Construction Spending up, costs steady in construction Design Window treatments Ad/Editorial Index Marketplace Classifieds Checking Out

Hotel & Motel Management - December 10, 2007

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