Hotel & Motel Management - February 2009 - (Page 44) H&MM February 2009 | HotelWorldNetwork.com 44 Real Estate Real Estate IOWA 63 Rooms, Rodeway Inn, Mt. Pleasant. 2 story, interior corridor, indoor pool, built in 1997, absentee management. Revenue $609,017. Price $2,150,000. KENTUCKY 100 Rooms, Travel Inn (Independent), Paducah. 2 story, exterior corridor, managers apartment, owner financing. Revenue $510,980. Price $1,500,000. MICHIGAN 61 Rooms, Motel 6, Grand Rapids. 2 story, interior corridor, indoor pool, built in 1997 as an Amerihost Inn, absentee management. Revenue $648,397. Price $2,310,000. OHIO 58 Rooms, Rodeway Inn, Wooster. 2 story, interior corridor, indoor pool, built in 1993, absentee management. Revenue $546,594. Price $2,150,000. 112 Rooms, Clarion Inn & Suites, I-75, Cincinnati. 2 story, interior corridor, absentee management, converted to Clarion May 2008. Price $4,500,000. 112 Rooms, Knights Inn, I-75, Cincinnati. Single story, exterior corridor, built in 1969, absentee management. Revenue $987,450. Price $2,600,000. 120 Rooms, Econo Lodge, I-80/I-90, Toledo. 2 story, exterior corridor, built in 1987, absentee management, owner financing with $250,000 down payment. Revenue $446,688. Price $1,100,000. 150 Rooms, Holiday Inn, I-70, Springfield. 2 story, interior corridor, built in 1973, holidome, PIP is completed, Holiday Inn license expires April 2010. Room Revenue $1,897,174. Total Revenue $2,389,731. Price $3,790,000. Call or check our website for a complete list of our motels for sale. MIDWEST HOT LIST Increase Your Occupancy, Rates & Pro ts. Reduce Fees & Hassle. “Declare Your Independence” Call or check our website for a complete list of our motels for sale. Convert Your “Ordinary Mid-Market Motel” into an Upper Mid-Scale, Highly Successful Boutique Hotel by building your own brand as part of e InnSuites Boutique Hotel Collection Maximum Flexibility & Charter Member Minimum Fees (just $10/month/room) To learn more about Trademark License Opportunities, visit: www.innsuitesboutiquehotelcollection.com Contact Inez at: 602.944.1500 or ischloss@innsuites.com Terry Baltes, Baltes Commercial Realty, Ltd. Phone: 937-438-6700 Ext. 1 Email: tbaltes@1bcr.com • Website: www.1bcr.com Increase Your Bottom-Line Pro ts! Corporate Office 410-489-5900 Midwest Office 641-472-7475 www.MBAHotels.com 140 Rms, Clarion Hotel, MD Interior Corridor. Conference Center. Completely refurbished 2008 -over $3 million in renovations. Offered at $8,600,000 TWO HOTEL PACKAGE! 120 Rooms, IA Mid market, interior hotels at same exit. Both under 15 yrs old. Includes 1 acre commercial land. Total Room Revenue 1.6 M. Offered at $5,600,000 NEW LISTING! 103 Rms, EconoLodge, IL Three story interior corridor. Southern Illinois location at Hwy Exit near shopping mall and outlet stores. Asking $1,950,000. 97 Rms, Comfort Inn, MS Well positioned strong performer. $1.15 M revenue, 11% CAP rate. Demand generators nearby include regional health center and office park. $3,995,000 91 Rms, Days Inn, TN. Reduced to $3,875,000 NEW LISTING! Best Western Hotel & Suites, KS Opened December 2008. Three story, 67 Rms. Premiere location on I-35 and Hwy 169 in Kansas City area. Offered at $6,975,000. REDUCED! 59 Rooms, National Brand, Iowa Recently re-flagged. Interstate exit, high-traffic metro area. Earned over $300k in 2008, lots of upside. Now offered at $950,000. 54 Rooms, Independent in Iowa Earned over $526,000 revenue in 2008! Many capital improvements completed. Luxurious owners apartment. Asking $995,000. FEATURED PROPERTY NEW LISTING! Hotel Project on I-95 Site and plans for 105 Rooms & Suites, 5 floors. All drawings and approvals completed. Hampton Inn flag available. North of Baltimore, MD. Offered at $2,700,000. NEW LISTING! 42 Rm Days Inn, KS Recently Renovated. Climbing Revenue $396K. Interstate Location. Motivated Seller. Asking $1,195,000 NEW LISTING! 40 Rms Franchise, Iowa Interstate location. Includes 40 room hotel, mobile home park, cell phone tower. Grossed over $360k in 2008. Near tourist area, outlet mall, prosperous town. Asking $1,295,000. MAKE AN OFFER! 20 Rms, Independent, VA New build All Suite hotel, Opened Sept. 2008. Beach resort area. $400k projected 2009 revenue. Offered at $1,690,000. INTERNATIONAL - See Website for Details 18 Rooms, Paradise Hotel, Costa Rica - Make Offer! Minneapolis, Minnesota 952-835-9575 Jeff Westgor or Chad Cooper MBA Capital Funding - 410-489-7500 *Offering Hotel Financing and Capital Investment Advisory Services* Package of two hotels mid market Interstate location in Wisconsin include 150+ units, meeting/banquet facility, indoor pools. One hour from Minneapolis. • Franchised Mid Market interstate location in North Dakota. • Econolodge includes living quarters, very good condition and priced right. • Franchised Mid Market 30 units, completely updated, absentee Owner. • Independent interstate location 17 units perfect for an owner operator. http://www.HotelWorldNetwork.com http://www.innsuitesboutiquehotelcollection.com http://www.1bcr.com http://www.hbihotels.com http://www.MBAHotels.com http://www.hbihotels.com
Table of Contents Feed for the Digital Edition of Hotel & Motel Management - February 2009 Hotel & Motel Management - February 2009 Contents Staff Management is Key for Smaller Budgets Perspective Guests Expect More from Green Programs Sales Clinic Legally Speaking HotelWorld Update Consultant's Corner Trends & Stats Laundry Investing Requires Return to Fundamentals Limited-Service Hotel-Chains Energy Management Ice Machines Broadband Marketplace Ad/Editorial Index Checking Out Hotel & Motel Management - February 2009 Hotel & Motel Management - February 2009 - Hotel & Motel Management - February 2009 (Page 1) Hotel & Motel Management - February 2009 - Hotel & Motel Management - February 2009 (Page 2) Hotel & Motel Management - February 2009 - Contents (Page 3) Hotel & Motel Management - February 2009 - Staff Management is Key for Smaller Budgets (Page 4) Hotel & Motel Management - February 2009 - Staff Management is Key for Smaller Budgets (Page 5) Hotel & Motel Management - February 2009 - Perspective (Page 6) Hotel & Motel Management - February 2009 - Perspective (Page 7) Hotel & Motel Management - February 2009 - Guests Expect More from Green Programs (Page 8) Hotel & Motel Management - February 2009 - Guests Expect More from Green Programs (Page 9) Hotel & Motel Management - February 2009 - Sales Clinic (Page 10) Hotel & Motel Management - February 2009 - Sales Clinic (Page 11) Hotel & Motel Management - February 2009 - Legally Speaking (Page 12) Hotel & Motel Management - February 2009 - Legally Speaking (Page 13) Hotel & Motel Management - February 2009 - HotelWorld Update (Page 14) Hotel & Motel Management - February 2009 - HotelWorld Update (Page 15) Hotel & Motel Management - February 2009 - Consultant's Corner (Page 16) Hotel & Motel Management - February 2009 - Consultant's Corner (Page 17) Hotel & Motel Management - February 2009 - Trends & Stats (Page 18) Hotel & Motel Management - February 2009 - Trends & Stats (Page 19) Hotel & Motel Management - February 2009 - Laundry (Page 20) Hotel & Motel Management - February 2009 - Laundry (Page 21) Hotel & Motel Management - February 2009 - Laundry (Page 22) Hotel & Motel Management - February 2009 - Laundry (Page 23) Hotel & Motel Management - February 2009 - Investing Requires Return to Fundamentals (Page 24) Hotel & Motel Management - February 2009 - Investing Requires Return to Fundamentals (Page 25) Hotel & Motel Management - February 2009 - Limited-Service Hotel-Chains (Page 26) Hotel & Motel Management - February 2009 - Limited-Service Hotel-Chains (Page 27) Hotel & Motel Management - February 2009 - Limited-Service Hotel-Chains (Page 28) Hotel & Motel Management - February 2009 - Limited-Service Hotel-Chains (Page 29) Hotel & Motel Management - February 2009 - Energy Management (Page 30) Hotel & Motel Management - February 2009 - Energy Management (Page 31) Hotel & Motel Management - February 2009 - Ice Machines (Page 32) Hotel & Motel Management - February 2009 - Ice Machines (Page 33) Hotel & Motel Management - February 2009 - Broadband (Page 34) Hotel & Motel Management - February 2009 - Broadband (Page 35) Hotel & Motel Management - February 2009 - Broadband (Page 36) Hotel & Motel Management - February 2009 - Broadband (Page 37) Hotel & Motel Management - February 2009 - Marketplace (Page 38) Hotel & Motel Management - February 2009 - Ad/Editorial Index (Page 39) Hotel & Motel Management - February 2009 - Ad/Editorial Index (Page 40) Hotel & Motel Management - February 2009 - Ad/Editorial Index (Page 41) Hotel & Motel Management - February 2009 - Ad/Editorial Index (Page 42) Hotel & Motel Management - February 2009 - Ad/Editorial Index (Page 43) Hotel & Motel Management - February 2009 - Ad/Editorial Index (Page 44) Hotel & Motel Management - February 2009 - Ad/Editorial Index (Page 45) Hotel & Motel Management - February 2009 - Checking Out (Page 46) Hotel & Motel Management - February 2009 - Checking Out (Page 47) Hotel & Motel Management - February 2009 - Checking Out (Page 48)
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