Hotel & Motel Management - December 10, 2007 - (Page 53)

www.HotelMotel.com/digital_edition H&MM December 10, 2007 | HotelMotel.com Real Estate 53 HN Huff, Niehaus & ASSOCIATES INC. HBI Regional Broker 2006, 2005, 2004, 2001 & 1998 Huff, Niehaus & Associates Inc. Florida Hotels ATLANTA OFFICE 404-355-0880 www.HunterHotels.net Bob Hunter • Teague Hunter • Lee Hunter Kyle Stevenson • Warner Smith WASHINGTON D.C. OFFICE 703-425-1513 • IN – 140+ Rm FS Nat’l Franchise w/leased restaurant. Interstate. Only FS but operated as Ltd Svc. Ask us! Price is <$34K/room. • KY – 140 Rm – FS, Nat’l Franchise, Airport & Interstate location. Rm Rev. $1.3M. Price $28K/room. • 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 – 100+ Rm FS. Indoor pool. Growing Room Revenue $935K. New parts plant w/300+ workers coming. Great upside. Price $2.4MM. • 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 – 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. • 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 $8.0MM. 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 New Mexico - Austin - Dallas 575-523-7421 FAX: 575-524-3699 www.scogginblue.com Scoggin Blue LLC FEATURED PROPERTIES: CONFIDENTIAL LISTING 120U Radisson 66U Comfort Over $10,000,000 Renovation $23,000,000 102U Holiday Inn Express Blt 2005 $1,400,000 N.O.I. Call for information 100 Units Branded Airport Hotel in major metro NM market-leased restaurant and land priced at $6,750,000. 75 Room Rodeway Inn, Kingsville, TX, won Choice “Inn of the Year 2006”, multiple income streams, $3,450,000. 63 Unit W. TX 10 yrs. old, 11% cap., $3,600,000. 54 Units 10 yr. old Exterior Corridor, Oversized living quarters, rm. rev. over 1 mil. $3,500,000. 30 Units, Independent Inn close to I-40 & restaurants in Tucumcari, NM. Priced to sell! $199,000 Cash. TIME SHARE DEVELOPMENT Approvals-Plans-Ready to Permit - 96 Unit - Front Lake & Golf Course $4,250,000 $650,000 PRICE REDUCTION 65U AZ - 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 - $250,000 PRICE REDUCTION – Best Western - 3.75 X Rm. Rev. – Great Freeway Location- $15,500,000 111U AZ - $450,000 PRICE REDUCTIONBest Western – Excellent Location – Original Owner - $12,500,000 160U AZ - $950,000 PRICE REDUCTION - $4,000,000 Rm. Rev. Rebranding Opportunity – Great Freeway Location - $14,550,000 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 Laurel Real Estate Company Errol D’Souza 614-865-9445 Hotels For Sale www.laurelhotelbrokers.com Visit our website at: • 200+ units, Full Service Hotel, Richmond, Virginia - $8,000,000 Room Revenue $3,055,000, Restaurant/Lounge & Other Rev $1,600,000 • 112 units, Comfort Inn, Ohio - $4,600,000 Room Revenue $1,330,000, 2-story, interior corridors, busy highway location • 100+ units, Limited Service Hotel, Raleigh, North Carolina - $8,000,000 Room Revenue $2,364,000, busy RTP location near Raleigh Airport • 71 units, Days Inn, Battle Creek, Michigan - $1,700,000 Revenue $550,000, exterior corridors, busy I-94 location, assumable financing • 60 units, Holiday Inn Express, Ohio - $4,000,000 Room Revenue $1,100,000, excellent condition, completely remodeled in 2007 • 57 units, Limited Service Hotel, Ohio – Price $2,900,000 Revenue $750,000, built in 1998, 3-story, interior corridors, pool GRT OPPORTUNITY 60U SO. CA - HOTEL SITE COMFORT INN READY TO PULL PERMITS - FREEWAY LOCATION $875,000 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 More details and additional properties at www.laurelhotelbrokers.com http://www.HotelMotel.com http://www.HotelMotel.com/digital_edition http://www.HunterHotels.net http://www.huffniehaus.com http://www.scogginblue.com http://www.laurelhotelbrokers.com http://www.shshotels.com http://www.laurelhotelbrokers.com

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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